# PPP loan: SRPNYC INC
> **$542K** approved 04/29/2020 · Exemption 4 · Loan `2306817308`
## Borrower
- **Name:** SRPNYC INC
- **Address:** 304 W 56th ST, APT 1B, NEW YORK, NY, 10019
- **NAICS:** 722410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $112K (21%)
- **Forgiveness date:** 08/31/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 164
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*