# PPP loan: TSL LOUNGE INC.
> **$550K** approved 05/01/2020 · Paid in Full · Loan `2800217703`
## Borrower
- **Name:** TSL LOUNGE INC.
- **Address:** 167 NW 23rd St, MIAMI, FL, 33127
- **NAICS:** 722410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $1.77 (0%)
- **Forgiveness date:** 12/18/2023
- **Status:** Paid in Full
- **Term:** 6 months
## Use of funds
- **Payroll:** $412K
- **Rent:** $78K
- **Utilities:** $60K
- **Jobs reported:** 40
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*