# PPP loan: HEDGESERV CORPORATION
> **$7.50M** approved 04/14/2020 · Paid in Full · Loan `6852737107`
## Borrower
- **Name:** HEDGESERV CORPORATION
- **Address:** 4 Times Square 8th Floor 0.0, New York, NY, 10036-6518
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.50M
- **Initial approval:** $7.50M
- **Forgiven:** $7.59M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.63M
- **Rent:** $810K
- **Utilities:** $60K
- **Jobs reported:** 288
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*