# PPP loan: 42ND ST BAKERY LLC
> **$656K** approved 03/20/2021 · Exemption 4 · Loan `5841688602`
## Borrower
- **Name:** 42ND ST BAKERY LLC
- **Address:** 130 West 37th 2nd floor, New York, NY, 10018
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $613K (93%)
- **Forgiveness date:** 07/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $656K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*