# PPP loan: MARYMOUNT MANHATTAN COLLEGE
> **$6.56M** approved 05/08/2020 · Exemption 4 · Loan `3951297402`
## Borrower
- **Name:** MARYMOUNT MANHATTAN COLLEGE
- **Address:** 221 E 71st Street 0.0, New York, NY, 10021-4532
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.56M
- **Initial approval:** $6.56M
- **Forgiven:** $6.20M (95%)
- **Forgiveness date:** 08/27/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.24M
- **Rent:** $702K
- **Utilities:** $304K
- **Health care:** $43K
- **Debt interest:** $262K
- **Jobs reported:** 482
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*