# PPP loan: EMPLOYMENT SOLUTIONS OF NEW YORK, INC.
> **$4.54M** approved 04/13/2020 · Paid in Full · Loan `4240277100`
## Borrower
- **Name:** EMPLOYMENT SOLUTIONS OF NEW YORK, INC.
- **Address:** 111 North Main Street, ELMIRA, NY, 14901-2910
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.54M
- **Initial approval:** $4.54M
- **Forgiven:** $4.59M (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.41M
- **Rent:** $50K
- **Utilities:** $5K
- **Health care:** $70K
- **Debt interest:** $8K
- **Jobs reported:** 500
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*