# PPP loan: IM PAYROLL LLC
> **$216K** approved 04/27/2020 · Charged Off · Loan `5928487205`
## Borrower
- **Name:** IM PAYROLL LLC
- **Address:** 1761 YARDLEY LANGHORNE RD, YARDLEY, PA, 19067-5506
- **NAICS:** 541214
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $255K
- **Forgiven:** $181K (84%)
- **Forgiveness date:** 06/11/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 21
## Lender
- **Originating:** Empire State Bank
- **Servicing:** Empire State Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*