# PPP loan: MODO YOGA NYC LLC
> **$422K** approved 03/20/2021 · Exemption 4 · Loan `5490948605`
## Borrower
- **Name:** MODO YOGA NYC LLC
- **Address:** 434 Avenue of the Americas Fl 2, New York, NY, 10011-8411
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $348K (82%)
- **Forgiveness date:** 02/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $422K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** TruFund Financial Services Inc
- **Servicing:** TruFund Financial Services Inc (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*