# PPP loan: SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS INC.
> **$324K** approved 05/25/2021 · Paid in Full · Loan `7389119005`
## Borrower
- **Name:** SOCIETY OF MOTION PICTURE AND TELEVISION ENGINEERS INC.
- **Address:** 260 Garth Rd Apt 3A4, Scarsdale, NY, 10583-4014
- **NAICS:** 813920
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $326K (101%)
- **Forgiveness date:** 12/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $324K
- **Utilities:** $1
- **Jobs reported:** 19
## 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*