# PPP loan: CIPS6, INC.
> **$200K** approved 05/01/2020 · Paid in Full · Loan `2865177705`
## Borrower
- **Name:** CIPS6, INC.
- **Address:** 121 West 27th Street Suite 204, NEW YORK, NY, 10001
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (100%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $19K
- **Utilities:** $2K
- **Jobs reported:** 250
## 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*