# PPP loan: 39TH STREET BAKERY LLC
> **$700K** approved 03/20/2021 · Charged Off · Loan `5859188603`
## Borrower
- **Name:** 39TH STREET BAKERY LLC
- **Address:** 350 W 38th St, New York, NY, 10018-5206
- **NAICS:** 722320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $273K (39%)
- **Forgiveness date:** 08/25/2022
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $700K
- **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*