# PPP loan: THE UNIVERSAL BALLET FOUNDATION
> **$600K** approved 05/02/2020 · Paid in Full · Loan `9402427300`
## Borrower
- **Name:** THE UNIVERSAL BALLET FOUNDATION
- **Address:** 4301 Harewood Rd Ne, WASHINGTON, DC, 20017-1514
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $600K
- **Initial approval:** $600K
- **Forgiven:** $608K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $489K
- **Utilities:** $36K
- **Health care:** $75K
- **Jobs reported:** 81
## 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*