# PPP loan: 42ND STREET LESSEE, LLC
> **$251K** approved 04/16/2020 · Exemption 4 · Loan `2536747208`
## Borrower
- **Name:** 42ND STREET LESSEE, LLC
- **Address:** 110 East 42nd Street, NEW YORK, NY, 10017-5611
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $130K (52%)
- **Forgiveness date:** 09/07/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 33
## 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*