# PPP loan: MANFRED HERMSEN
> **$227K** approved 02/06/2021 · Paid in Full · Loan `4490338409`
## Borrower
- **Name:** MANFRED HERMSEN
- **Address:** 17 Battery Pl Ste 925, New York, NY, 10004-1155
- **NAICS:** 424990
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $227K
- **Initial approval:** $227K
- **Forgiven:** $229K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $227K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*