# PPP loan: GRACE INSTITUTE OF NEW YORK INC
> **$274K** approved 04/27/2021 · Paid in Full · Loan `3132028906`
## Borrower
- **Name:** GRACE INSTITUTE OF NEW YORK INC
- **Address:** 40 Rector St, New York, NY, 10006-1703
- **NAICS:** 611430
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*