# PPP loan: SV IT, INC.
> **$800K** approved 05/01/2020 · Paid in Full · Loan `3199587701`
## Borrower
- **Name:** SV IT, INC.
- **Address:** 4306 MAIN ST FL 3, FLUSHING, NY, 11355
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $800K
- **Initial approval:** $800K
- **Forgiven:** $810K (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $746K
- **Rent:** $6K
- **Utilities:** $3K
- **Health care:** $45K
- **Jobs reported:** 340
## 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*