# PPP loan: BATES & MASI ARCHITECTS LLC
> **$240K** approved 04/16/2020 · Paid in Full · Loan `2962097206`
## Borrower
- **Name:** BATES & MASI ARCHITECTS LLC
- **Address:** 132 N MAIN ST, EAST HAMPTON, NY, 11937
- **NAICS:** 541310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $19K
- **Utilities:** $950
- **Health care:** $22K
- **Jobs reported:** 14
## 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*