# PPP loan: EC NEW YORK, INC..
> **$176K** approved 05/06/2020 · Exemption 4 · Loan `3039927403`
## Borrower
- **Name:** EC NEW YORK, INC..
- **Address:** 1501 Broadway Fl 11, NEW YORK, NY, 10036-5505
- **NAICS:** 611699
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $131K (74%)
- **Forgiveness date:** 03/31/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 40
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*