# PPP loan: IPSOFT INCORPORATED
> **$10.00M** approved 04/14/2020 · Charged Off · Loan `7119787102`
## Borrower
- **Name:** IPSOFT INCORPORATED
- **Address:** 17 State Street 0.0, New York, NY, 10004-1770
- **NAICS:** 517919
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Status:** Charged Off
- **Term:** 8 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 477
## 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*