# PPP loan: SPIN NYC LLC
> **$901K** approved 01/31/2021 · Exemption 4 · Loan `1015398402`
## Borrower
- **Name:** SPIN NYC LLC
- **Address:** 48 East 23rd Street, New York, NY, 10010
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $901K
- **Initial approval:** $901K
- **Forgiven:** $835K (93%)
- **Forgiveness date:** 06/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $901K
- **Utilities:** $1
- **Jobs reported:** 88
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*