# PPP loan: HANOVER VENTURES MARKETPLACE LLC
> **$2.64M** approved 05/15/2020 · Charged Off · Loan `6965427409`
## Borrower
- **Name:** HANOVER VENTURES MARKETPLACE LLC
- **Address:** 225 Liberty Street, NEW YORK, NY, 10281
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.64M
- **Initial approval:** $2.64M
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $1.98M
- **Rent:** $622K
- **Utilities:** $8K
- **Health care:** $30K
- **Jobs reported:** 223
## 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*