# PPP loan: THE BACHRACH GROUP, LTD.
> **$5.01M** approved 04/15/2020 · Paid in Full · Loan `8369807103`
## Borrower
- **Name:** THE BACHRACH GROUP, LTD.
- **Address:** 1430 BROADWAY RM 1301, NEW YORK, NY, 10018
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.01M
- **Initial approval:** $5.01M
- **Forgiven:** $5.07M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.63M
- **Rent:** $200K
- **Utilities:** $12K
- **Health care:** $92K
- **Debt interest:** $77K
- **Jobs reported:** 277
## 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*