# PPP loan: MICHAEL  FAILLACE AND ASSOCIATES P.C
> **$291K** approved 04/29/2020 · Paid in Full · Loan `3967237302`
## Borrower
- **Name:** MICHAEL  FAILLACE AND ASSOCIATES P.C
- **Address:** 60E. 42ndst. suite 4510, New York, NY, 10165
- **NAICS:** 541110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $291K
- **Initial approval:** $291K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Jobs reported:** 19
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*