# PPP loan: MASTERPIECE CATERERS CORP
> **$750K** approved 04/15/2020 · Charged Off · Loan `8132337106`
## Borrower
- **Name:** MASTERPIECE CATERERS CORP
- **Address:** 1 HANOVER SQ, NEW YORK, NY, 10004
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $241K (32%)
- **Forgiveness date:** 05/10/2021
- **Status:** Charged Off
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $225K
- **Utilities:** $25K
- **Jobs reported:** 110
## 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*