# PPP loan: THE AMERICAN MONTESSORI, INC.
> **$637K** approved 04/29/2020 · Paid in Full · Loan `2989717300`
## Borrower
- **Name:** THE AMERICAN MONTESSORI, INC.
- **Address:** 116 E 16th St, NEW YORK, NY, 10003-2112
- **NAICS:** 813212
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $637K
- **Initial approval:** $637K
- **Forgiven:** $450K (71%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $637K
- **Jobs reported:** 36
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*