# PPP loan: THE APOLLO THEATER FOUNDATION INC.
> **$1.10M** approved 05/14/2021 · Paid in Full · Loan `2107499003`
## Borrower
- **Name:** THE APOLLO THEATER FOUNDATION INC.
- **Address:** 253 W 125th St, New York, NY, 10027-4408
- **NAICS:** 711110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.08M (99%)
- **Forgiveness date:** 12/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** Carver Federal Savings Bank
- **Servicing:** Carver Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*