# PPP loan: PREMIUM MERCHANT FUNDING 18 LLC
> **$648K** approved 03/18/2021 · Paid in Full · Loan `4170708610`
## Borrower
- **Name:** PREMIUM MERCHANT FUNDING 18 LLC
- **Address:** 55 Water St Fl 50, New York, NY, 10041-3203
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $648K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 08/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $648K
- **Utilities:** $1
- **Jobs reported:** 119
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*