# PPP loan: EL REGRESO FOUNDATION INC.
> **$401K** approved 04/28/2021 · Exemption 4 · Loan `3746478906`
## Borrower
- **Name:** EL REGRESO FOUNDATION INC.
- **Address:** 300 E 175th St, Bronx, NY, 10457-5804
- **NAICS:** 623220
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $401K
- **Initial approval:** $401K
- **Forgiven:** $333K (83%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $401K
- **Jobs reported:** 44
## Lender
- **Originating:** Popular Bank
- **Servicing:** Popular Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*