# PPP loan: MERMAID CHELSEA, LLC
> **$201K** approved 04/27/2020 · Exemption 4 · Loan `3960727206`
## Borrower
- **Name:** MERMAID CHELSEA, LLC
- **Address:** 127 W 43RD ST, NEW YORK, NY, 10036-6565
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $63K (31%)
- **Forgiveness date:** 01/04/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 41
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*