# PPP loan: PROPER CLOTH
> **$720K** approved 04/30/2021 · Paid in Full · Loan `5385918910`
## Borrower
- **Name:** PROPER CLOTH
- **Address:** 495 Broadway 495 Broadway, New York, NY, 10012-4457
- **NAICS:** 448110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $723K (100%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 37
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*