# PPP loan: NEW EMPIRE BUILDER CORP
> **$274K** approved 05/01/2020 · Paid in Full · Loan `3230717702`
## Borrower
- **Name:** NEW EMPIRE BUILDER CORP
- **Address:** 4920 3RD AVE, BROOKLYN, NY, 11220
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $51K
- **Utilities:** $4K
- **Jobs reported:** 26
## 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*