# PPP loan: MANHATTAN BEACHWEAR, INC.
> **$3.89M** approved 05/01/2020 · Charged Off · Loan `8269717310`
## Borrower
- **Name:** MANHATTAN BEACHWEAR, INC.
- **Address:** 10700 Valley View St., CYPRESS, CA, 90630
- **NAICS:** 315240
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.89M
- **Initial approval:** $3.89M
- **Forgiven:** $3.75M (96%)
- **Forgiveness date:** 06/11/2021
- **Status:** Charged Off
- **Term:** 2 months
## Use of funds
- **Payroll:** $3.11M
- **Rent:** $684K
- **Utilities:** $95K
- **Jobs reported:** 251
## 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*