# PPP loan: SACKS & CO. NEW YORK, INC.
> **$281K** approved 04/14/2020 · Paid in Full · Loan `7574887110`
## Borrower
- **Name:** SACKS & CO. NEW YORK, INC.
- **Address:** 119 W 57TH STREET PH North, NEW YORK, NY, 10019-2401
- **NAICS:** 541820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $56K
- **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*