# PPP loan: 235 WEST 42ND GIFTS LLC
> **$214K** approved 04/29/2021 · Exemption 4 · Loan `5160038905`
## Borrower
- **Name:** 235 WEST 42ND GIFTS LLC
- **Address:** 1650 Broadway Ste 910, New York, NY, 10019-6965
- **NAICS:** 453220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $187K (87%)
- **Forgiveness date:** 08/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $214K
- **Utilities:** $1
- **Jobs reported:** 201
## 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*