# PPP loan: MUNCH ADO INC
> **$205K** approved 04/28/2020 · Charged Off · Loan `6931867207`
## Borrower
- **Name:** MUNCH ADO INC
- **Address:** 245 5th Avenue, Suite 1002, New York, NY, 10016
- **NAICS:** 519190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $67K (33%)
- **Forgiveness date:** 04/21/2023
- **Status:** Charged Off
- **Term:** 20 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 5
## Lender
- **Originating:** Investors Bank, A Division of Citizens Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*