# PPP loan: ARS REI USA CORP DBA UNO DE 50
> **$1.28M** approved 05/01/2020 · Charged Off · Loan `3059557701`
## Borrower
- **Name:** ARS REI USA CORP DBA UNO DE 50
- **Address:** 55 W. 39th St 9th Floor, NEW YORK, NY, 10018
- **NAICS:** —
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $1.03M
- **Rent:** $187K
- **Utilities:** $6K
- **Health care:** $55K
- **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*