# PPP loan: WHITE OAKS ALIGNED, LLC
> **$828K** approved 05/01/2020 · Exemption 4 · Loan `3050937701`
## Borrower
- **Name:** WHITE OAKS ALIGNED, LLC
- **Address:** 4 14th St Unit 601, Hoboken, NJ, 07030
- **NAICS:** 999990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $828K
- **Initial approval:** $828K
- **Forgiven:** $70K (9%)
- **Forgiveness date:** 10/21/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $662K
- **Rent:** $72K
- **Mortgage interest:** $21K
- **Utilities:** $36K
- **Debt interest:** $37K
- **Jobs reported:** 11
## 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*