# PPP loan: PHIPPS NEIGHBORHOODS, INC.
> **$2.16M** approved 04/27/2020 · Paid in Full · Loan `3717697210`
## Borrower
- **Name:** PHIPPS NEIGHBORHOODS, INC.
- **Address:** 902 BROADWAY, 13th Floor, NEW YORK, NY, 10010-6033
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.16M
- **Initial approval:** $2.16M
- **Forgiven:** $1.71M (79%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.15M
- **Rent:** $8K
- **Utilities:** $2K
- **Jobs reported:** 304
## Lender
- **Originating:** MapleMark Bank
- **Servicing:** MapleMark Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*