# PPP loan: BOOM!HEALTH
> **$987K** approved 05/03/2020 · Exemption 4 · Loan `9936687302`
## Borrower
- **Name:** BOOM!HEALTH
- **Address:** 760 E 160TH ST, BRONX, NY, 10456
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $987K
- **Initial approval:** $987K
- **Forgiven:** $669K (68%)
- **Forgiveness date:** 09/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $706K
- **Rent:** $87K
- **Mortgage interest:** $99K
- **Utilities:** $24K
- **Health care:** $70K
- **Jobs reported:** 103
## 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*