# PPP loan: REGENCY HEALTH CARE INC.
> **$3.94M** approved 05/01/2020 · Paid in Full · Loan `2862707703`
## Borrower
- **Name:** REGENCY HEALTH CARE INC.
- **Address:** 728 5TH AVE # 728, BROOKLYN, NY, 11232
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.94M
- **Initial approval:** $3.94M
- **Forgiven:** $4.06M (103%)
- **Forgiveness date:** 05/24/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.41M
- **Rent:** $39K
- **Utilities:** $3K
- **Health care:** $475K
- **Debt interest:** $10K
- **Jobs reported:** 500
## 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*