# PPP loan: FT DC LLC
> **$599K** approved 04/10/2020 · Exemption 4 · Loan `1601177108`
## Borrower
- **Name:** FT DC LLC
- **Address:** 601 PENNSYLVANIA AVE NW, WASHINGTON, DC, 20004-2601
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $599K
- **Initial approval:** $599K
- **Forgiven:** $448K (75%)
- **Forgiveness date:** 09/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $599K
- **Jobs reported:** 75
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*