# PPP loan: MRG NYC INC
> **$156K** approved 02/12/2021 · Charged Off · Loan `7582568409`
## Borrower
- **Name:** MRG NYC INC
- **Address:** 28 Jane St, New York, NY, 10014-1963
- **NAICS:** 722514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $128K (82%)
- **Forgiveness date:** 09/21/2022
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $156K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** WebBank
- **Servicing:** WebBank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*