# PPP loan: NEW LOUNGE 4324 LLC
> **$612K** approved 02/19/2021 · Paid in Full · Loan `2128218504`
## Borrower
- **Name:** NEW LOUNGE 4324 LLC
- **Address:** 55 W 21st St, New York, NY, 10010-6809
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $612K
- **Initial approval:** $612K
- **Forgiven:** $621K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $612K
- **Utilities:** $1
- **Jobs reported:** 21
## 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*