# PPP loan: MICHAEL CETTA, INC.
> **$1.32M** approved 05/01/2020 · Exemption 4 · Loan `3157977702`
## Borrower
- **Name:** MICHAEL CETTA, INC.
- **Address:** % SPARKS STEAK HOUSE 210 East 46th Street, New York, NY, 10017
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $477K (36%)
- **Forgiveness date:** 10/06/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $990K
- **Rent:** $220K
- **Utilities:** $28K
- **Health care:** $82K
- **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*