# PPP loan: CHELSEA LIGHTING NYC, LLC
> **$1.10M** approved 04/15/2020 · Paid in Full · Loan `8764407101`
## Borrower
- **Name:** CHELSEA LIGHTING NYC, LLC
- **Address:** 225 W 34th Street (14 Penn Plaza) Suite 1500, New York, NY, 10122
- **NAICS:** 423610
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.11M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $842K
- **Rent:** $100K
- **Health care:** $60K
- **Debt interest:** $100K
- **Jobs reported:** 60
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*