# PPP loan: WESTBETH CORP. HOUSING DEVELOPMENT FUND
> **$500K** approved 03/20/2021 · Paid in Full · Loan `5550048609`
## Borrower
- **Name:** WESTBETH CORP. HOUSING DEVELOPMENT FUND
- **Address:** 463 West St, New York, NY, 10014-2010
- **NAICS:** 531110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*