# PPP loan: NORTH EAST BROOKLYN HOUSING DEVELOPMENT CORP
> **$494K** approved 05/19/2021 · Exemption 4 · Loan `3683939007`
## Borrower
- **Name:** NORTH EAST BROOKLYN HOUSING DEVELOPMENT CORP
- **Address:** 132 Ralph Ave, Brooklyn, NY, 11233-1773
- **NAICS:** 531110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $441K (89%)
- **Forgiveness date:** 04/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $494K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Harlem Entrepreneur Fund
- **Servicing:** Harlem Entrepreneur Fund (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*