# PPP loan: HELMS REALTY CORP.
> **$324K** approved 05/01/2020 · Exemption 4 · Loan `5842377707`
## Borrower
- **Name:** HELMS REALTY CORP.
- **Address:** 230 W 101ST ST, NEW YORK, NY, 10025-4905
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $280K (86%)
- **Forgiveness date:** 09/02/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*