# PPP loan: STUDY PHILADELPHIA OPERATING LLC
> **$1.38M** approved 03/31/2021 · Exemption 4 · Loan `4076858700`
## Borrower
- **Name:** STUDY PHILADELPHIA OPERATING LLC
- **Address:** 15 W 26th St, New York, NY, 10010-1002
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.28M (93%)
- **Forgiveness date:** 07/19/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.38M
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*