# PPP loan: MAKAI LOUNGE LLC
> **$268K** approved 03/15/2021 · Charged Off · Loan `2841078603`
## Borrower
- **Name:** MAKAI LOUNGE LLC
- **Address:** 101 Broadway, Santa Monica, CA, 90401-2304
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $213K (79%)
- **Forgiveness date:** 02/14/2022
- **Status:** Charged Off
- **Term:** 29 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $1
- **Jobs reported:** 29
## 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*