# PPP loan: OCINOMLED LTD
> **$1.02M** approved 04/30/2020 · Charged Off · Loan `7741927303`
## Borrower
- **Name:** OCINOMLED LTD
- **Address:** 56 BEAVER ST, NEW YORK, NY, 10004
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.03M
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $775K
- **Rent:** $224K
- **Utilities:** $25K
- **Jobs reported:** 80
## 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*