# PPP loan: SACKS PRESS & LACHER, P.C.
> **$317K** approved 04/28/2020 · Paid in Full · Loan `6949167207`
## Borrower
- **Name:** SACKS PRESS & LACHER, P.C.
- **Address:** 600 3RD AVE FL 18, NEW YORK, NY, 10016
- **NAICS:** 541211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $86K
- **Health care:** $22K
- **Jobs reported:** 16
## 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*