# PPP loan: EMPRO, INC.
> **$5.80M** approved 08/07/2020 · Paid in Full · Loan `4977218203`
## Borrower
- **Name:** EMPRO, INC.
- **Address:** 1418 65th Street, Brooklyn, NY, 11219-5711
- **NAICS:** 621999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.80M
- **Initial approval:** $5.80M
- **Forgiven:** $5.90M (102%)
- **Forgiveness date:** 06/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.80M
- **Jobs reported:** 500
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*