# PPP loan: CHILDREN OF PROMISE NYC
> **$250K** approved 01/19/2021 · Paid in Full · Loan `1774838306`
## Borrower
- **Name:** CHILDREN OF PROMISE NYC
- **Address:** 54 Macdonough St, Brooklyn, NY, 11216-2304
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** Brooklyn Cooperative FCU
- **Servicing:** Brooklyn Cooperative FCU (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*