# PPP loan: SIL THREAD INC.
> **$189K** approved 01/20/2021 · Paid in Full · Loan `2467388307`
## Borrower
- **Name:** SIL THREAD INC.
- **Address:** 257 W 38th St, New York, NY, 10018-4457
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $191K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*