# PPP loan: EXPRESS AFRICAN HAIR BRAIDING INC.
> **$151K** approved 07/28/2020 · Charged Off · Loan `9550928110`
## Borrower
- **Name:** EXPRESS AFRICAN HAIR BRAIDING INC.
- **Address:** 2338 FREDERICK DOUGLASS BLVD, NEW YORK, NY, 10027
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $137K (91%)
- **Forgiveness date:** 03/15/2022
- **Status:** Charged Off
- **Term:** 39 months
## Use of funds
- **Payroll:** $91K
- **Rent:** $48K
- **Utilities:** $13K
- **Jobs reported:** 9
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*