# PPP loan: PROGETTO INC
> **$397K** approved 01/25/2021 · Charged Off · Loan `5305218303`
## Borrower
- **Name:** PROGETTO INC
- **Address:** 352 West 44th Street ground, New York City, NY, 10036
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $321K (81%)
- **Forgiveness date:** 05/25/2022
- **Status:** Charged Off
- **Term:** 24 months
## Use of funds
- **Payroll:** $397K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*