# PPP loan: SHERRY-LEHMANN, INC.
> **$1.08M** approved 04/13/2020 · Paid in Full · Loan `5325267101`
## Borrower
- **Name:** SHERRY-LEHMANN, INC.
- **Address:** 505 Park Ave, NEW YORK, NY, 10022-1106
- **NAICS:** 445310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $755K
- **Rent:** $216K
- **Debt interest:** $108K
- **Jobs reported:** 45
## 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*