# PPP loan: FRAMESTORE INC
> **$5.59M** approved 04/08/2020 · Paid in Full · Loan `8707037003`
## Borrower
- **Name:** FRAMESTORE INC
- **Address:** 61 BROADWAY 32 FLOOR, NEW YORK, NY, 10006-1709
- **NAICS:** 512110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.59M
- **Initial approval:** $5.59M
- **Forgiven:** $5.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.72M
- **Rent:** $500K
- **Utilities:** $140K
- **Health care:** $234K
- **Jobs reported:** 270
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*