# PPP loan: MARA HOFFMAN INC.
> **$620K** approved 03/12/2021 · Charged Off · Loan `9422508500`
## Borrower
- **Name:** MARA HOFFMAN INC.
- **Address:** 126 5th Ave Fl 7, New York, NY, 10011-5626
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $509K (82%)
- **Forgiveness date:** 07/25/2023
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Utilities:** $1
- **Jobs reported:** 20
## 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*