# PPP loan: SPACE RACE, LLC
> **$151K** approved 05/01/2020 · Charged Off · Loan `2823487706`
## Borrower
- **Name:** SPACE RACE, LLC
- **Address:** 271 MADISON AVE STE 705, NEW YORK, NY, 10016
- **NAICS:** 512110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $102K (67%)
- **Forgiveness date:** 01/21/2022
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $126K
- **Rent:** $25K
- **Jobs reported:** 22
## 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*