# PPP loan: IHI-NY, LLC
> **$1.49M** approved 04/12/2020 · Exemption 4 · Loan `3681857109`
## Borrower
- **Name:** IHI-NY, LLC
- **Address:** 236 5TH Avenue Ground Floor, NEW YORK, NY, 10019
- **NAICS:** 999990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.23M (83%)
- **Forgiveness date:** 12/06/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.25M
- **Rent:** $136K
- **Utilities:** $49K
- **Health care:** $50K
- **Jobs reported:** 135
## 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*