# PPP loan: 520  HAPPY TIMES, INC.
> **$343K** approved 05/01/2020 · Charged Off · Loan `8140137301`
## Borrower
- **Name:** 520  HAPPY TIMES, INC.
- **Address:** 247 WEST 37TH STREET, NEW YORK, NY, 10018
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $343K
- **Initial approval:** $343K
- **Forgiven:** $61K (18%)
- **Forgiveness date:** 09/15/2021
- **Status:** Charged Off
- **Term:** 36 months
## Use of funds
- **Payroll:** $343K
- **Jobs reported:** 33
## Lender
- **Originating:** Fountainhead SBF LLC
- **Servicing:** Fountainhead SBF LLC (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*