# PPP loan: BERGEN BEACH YOUTH ORGANIZATION INC.
> **$426K** approved 06/26/2020 · Charged Off · Loan `4551898004`
## Borrower
- **Name:** BERGEN BEACH YOUTH ORGANIZATION INC.
- **Address:** 2335 Bergen Avenue, BROOKLYN, NY, 11234
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $48K (11%)
- **Forgiveness date:** 10/19/2021
- **Status:** Charged Off
- **Term:** 30 months
## Use of funds
- **Payroll:** $426K
- **Jobs reported:** 113
## 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*