# PPP loan: THE BROOKLYN ADADEMY OF MUSIC, INC.
> **$5.84M** approved 06/22/2020 · Paid in Full · Loan `1517818005`
## Borrower
- **Name:** THE BROOKLYN ADADEMY OF MUSIC, INC.
- **Address:** 30 LAFAYETTE AVE, BROOKLYN, NY, 11217-1430
- **NAICS:** 711130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.84M
- **Initial approval:** $5.84M
- **Forgiven:** $5.92M (101%)
- **Forgiveness date:** 11/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.84M
- **Jobs reported:** 466
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*