# PPP loan: PETERBILT OF NEW YORK CITY LLC
> **$506K** approved 04/03/2020 · Paid in Full · Loan `4528607004`
## Borrower
- **Name:** PETERBILT OF NEW YORK CITY LLC
- **Address:** 101 Union Avenue, RONKONKOMA, NY, 11779-5833
- **NAICS:** 423120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $614K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $415K
- **Rent:** $70K
- **Mortgage interest:** $8K
- **Utilities:** $14K
- **Jobs reported:** 42
## Lender
- **Originating:** Evolve Bank and Trust
- **Servicing:** Evolve Bank and Trust (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*