# PPP loan: SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC.
> **$354K** approved 05/01/2020 · Paid in Full · Loan `3056547703`
## Borrower
- **Name:** SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS, INC.
- **Address:** 445 Hamilton Ave Ste 601, White Plains, NY, 10601
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $354K
- **Initial approval:** $354K
- **Forgiven:** $358K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $21K
- **Utilities:** $2K
- **Health care:** $79K
- **Jobs reported:** 19
## 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*