# PPP loan: NY BESS CORP.
> **$383K** approved 04/28/2021 · Exemption 4 · Loan `3484758906`
## Borrower
- **Name:** NY BESS CORP.
- **Address:** 931 Morris Park Ave 2nd Floor, BRONX, NY, 10462
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $298K (78%)
- **Forgiveness date:** 11/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $383K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*