# PPP loan: CROWN ALLEY LLC DBA THE PENROSE
> **$649K** approved 04/28/2020 · Paid in Full · Loan `8738487208`
## Borrower
- **Name:** CROWN ALLEY LLC DBA THE PENROSE
- **Address:** 1590 2ND AVENUE #STORE, NEW YORK, NY, 10028
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $649K
- **Initial approval:** $649K
- **Forgiven:** $657K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $513K
- **Rent:** $110K
- **Utilities:** $15K
- **Health care:** $11K
- **Jobs reported:** 58
## 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*