# PPP loan: THE URBAN ASSEMBLY INC.
> **$545K** approved 02/04/2021 · Paid in Full · Loan `3278178407`
## Borrower
- **Name:** THE URBAN ASSEMBLY INC.
- **Address:** 90 Broad St Ste 2101, New York, NY, 10004-2226
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $545K
- **Initial approval:** $545K
- **Forgiven:** $50K (9%)
- **Forgiveness date:** 03/19/2024
- **Status:** Paid in Full
- **Term:** 37 months
## Use of funds
- **Payroll:** $545K
- **Utilities:** $1
- **Jobs reported:** 31
## 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*