# PPP loan: COMMANDER%27S PALACE INC.
> **$1.89M** approved 04/15/2020 · Exemption 4 · Loan `8767007105`
## Borrower
- **Name:** COMMANDER%27S PALACE INC.
- **Address:** 1403 Washington Ave. 0.0, New Orleans, LA, 70130-5751
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.89M
- **Forgiven:** $1.20M (63%)
- **Forgiveness date:** 08/05/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.73M
- **Utilities:** $60K
- **Health care:** $100K
- **Jobs reported:** 250
## 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*