# PPP loan: NEW LEAF DEVELOPMENT LLC
> **$1.79M** approved 01/22/2021 · Exemption 4 · Loan `4114308309`
## Borrower
- **Name:** NEW LEAF DEVELOPMENT LLC
- **Address:** 461 20th St, Brooklyn, NY, 11215-6247
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.79M
- **Initial approval:** $1.79M
- **Forgiven:** $1.70M (95%)
- **Forgiveness date:** 07/21/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.79M
- **Utilities:** $1
- **Jobs reported:** 61
## 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*