# PPP loan: MACKLOWE INVESTMENT PROPERTIES LLC
> **$1.06M** approved 04/15/2021 · Exemption 4 · Loan `3989248803`
## Borrower
- **Name:** MACKLOWE INVESTMENT PROPERTIES LLC
- **Address:** 767 5th Ave, New York, NY, 10153-0023
- **NAICS:** 531210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $719K (68%)
- **Forgiveness date:** 01/24/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*