# PPP loan: 512 W42 RETAIL, LLC
> **$737K** approved 05/06/2020 · Charged Off · Loan `2631387401`
## Borrower
- **Name:** 512 W42 RETAIL, LLC
- **Address:** ONE WORLD TRADE CENTER, NEW YORK, NY, 10007
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $61K (8%)
- **Forgiveness date:** 01/13/2022
- **Status:** Charged Off
- **Term:** 34 months
## Use of funds
- **Payroll:** $737K
- **Jobs reported:** 107
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*