# PPP loan: HENRY DONEGER ASSOCIATES INC. EMPLOYEE STOCK OPTION PLAN
> **$1.60M** approved 03/18/2021 · Exemption 4 · Loan `4400868608`
## Borrower
- **Name:** HENRY DONEGER ASSOCIATES INC. EMPLOYEE STOCK OPTION PLAN
- **Address:** 463 7th Ave Frnt 3, New York, NY, 10018-8730
- **NAICS:** 541990
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.24M (78%)
- **Forgiveness date:** 11/26/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.60M
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*