# PPP loan: REDEEMER PRESBYTERIAN CHURCH OF NEW YORK CITY
> **$2.67M** approved 04/16/2020 · Paid in Full · Loan `2977007204`
## Borrower
- **Name:** REDEEMER PRESBYTERIAN CHURCH OF NEW YORK CITY
- **Address:** 1166 AVENUE OF THE AMERICAS FL 16, NEW YORK, NY, 10036-2745
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.67M
- **Initial approval:** $2.67M
- **Forgiven:** $2.70M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Rent:** $525K
- **Mortgage interest:** $141K
- **Utilities:** $32K
- **Health care:** $349K
- **Jobs reported:** 379
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*