# PPP loan: CLOSETTWENTY5 CORP
> **$216K** approved 06/28/2020 · Exemption 4 · Loan `5349008007`
## Borrower
- **Name:** CLOSETTWENTY5 CORP
- **Address:** 250 Ashland Place, Brooklyn, NY, 11217-1110
- **NAICS:** 448140
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 5
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*