# PPP loan: THE BREAKTHROUGH INSTITUTE
> **$230K** approved 05/29/2020 · Paid in Full · Loan `4995997810`
## Borrower
- **Name:** THE BREAKTHROUGH INSTITUTE
- **Address:** 436 14th St Suite 820, OAKLAND, CA, 94612-2700
- **NAICS:** 813312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $36K
- **Debt interest:** $34K
- **Jobs reported:** 13
## 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*