# PPP loan: THE 58 TO 64-40TH STREET CORPORATION, IN
> **$229K** approved 04/30/2020 · Paid in Full · Loan `5145637304`
## Borrower
- **Name:** THE 58 TO 64-40TH STREET CORPORATION, IN
- **Address:** 58 W 40th St Basement, NEW YORK, NY, 10018
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Rent:** $10K
- **Mortgage interest:** $12K
- **Utilities:** $1K
- **Health care:** $33K
- **Jobs reported:** 8
## 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*