# PPP loan: COVE LOUNGE INC.
> **$160K** approved 04/28/2020 · Paid in Full · Loan `9854227202`
## Borrower
- **Name:** COVE LOUNGE INC.
- **Address:** 199 Malcolm X Blvd, apt 1, new york, NY, 10026
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $114K (71%)
- **Forgiveness date:** 11/17/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 26
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*