# PPP loan: VERACITY REAL ESTATE MANAGEMENT INC.
> **$270K** approved 01/25/2021 · Exemption 4 · Loan `5683968302`
## Borrower
- **Name:** VERACITY REAL ESTATE MANAGEMENT INC.
- **Address:** 137 Thompson St Frnt A, New York, NY, 10012-3130
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $266K (98%)
- **Forgiveness date:** 03/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*