# PPP loan: PTM MANAGEMENT CORP
> **$2.88M** approved 04/16/2020 · Paid in Full · Loan `2823107207`
## Borrower
- **Name:** PTM MANAGEMENT CORP
- **Address:** 94-01 150 St, JAMAICA, NY, 11435
- **NAICS:** 485991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $1.87M (65%)
- **Forgiveness date:** 07/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.70M
- **Rent:** $150K
- **Utilities:** $9K
- **Health care:** $18K
- **Jobs reported:** 292
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*