# PPP loan: TIEGERMAN SCHOOL
> **$4.42M** approved 04/27/2020 · Exemption 4 · Loan `5728147203`
## Borrower
- **Name:** TIEGERMAN SCHOOL
- **Address:** 100 Glen Cove Ave, Glen Cove, NY, 11542
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.42M
- **Initial approval:** $4.42M
- **Forgiven:** $3.08M (70%)
- **Forgiveness date:** 08/24/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $4.42M
- **Jobs reported:** 400
## Lender
- **Originating:** Flagstar Bank National Association
- **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*