# PPP loan: LPQ USA, LLC
> **$9.70M** approved 08/04/2020 · Paid in Full · Loan `3383998201`
## Borrower
- **Name:** LPQ USA, LLC
- **Address:** 56 West 22nd St, 2nd Floor 0.0, New York, NY, 10010-7296
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $9.70M
- **Initial approval:** $9.70M
- **Forgiven:** $9.82M (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $6.50M
- **Rent:** $3.01M
- **Utilities:** $194K
- **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*