# PPP loan: SCHENECTADY COUNTY CHAPTER NYSARC INC
> **$747K** approved 03/30/2021 · Paid in Full · Loan `2777458702`
## Borrower
- **Name:** SCHENECTADY COUNTY CHAPTER NYSARC INC
- **Address:** 214 State St, Schenectady, NY, 12305-1806
- **NAICS:** 623990
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $747K
- **Initial approval:** $4.27M
- **Forgiven:** $750K (101%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $746K
- **Utilities:** $1
- **Jobs reported:** 500
## Lender
- **Originating:** Ballston Spa National Bank
- **Servicing:** Ballston Spa National Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*