# PPP loan: THE NEW YORK FOUNDLING
> **$10.00M** approved 04/03/2021 · Paid in Full · Loan `5816008704`
## Borrower
- **Name:** THE NEW YORK FOUNDLING
- **Address:** 590 Avenue of the Americas, New York, NY, 10011-2022
- **NAICS:** 621330
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $10.00M
- **Initial approval:** $10.00M
- **Forgiven:** $10.10M (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $10.00M
- **Jobs reported:** 500
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*