# PPP loan: Y7 HOLDINGS, LLC
> **$1.40M** approved 05/13/2020 · Charged Off · Loan `5894297404`
## Borrower
- **Name:** Y7 HOLDINGS, LLC
- **Address:** 262 BOWERY, 4TH FLOOR, NEW YORK, NY, 10012-3674
- **NAICS:** 713940
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.40M
- **Initial approval:** $1.40M
- **Forgiven:** $938K (67%)
- **Forgiveness date:** 08/04/2021
- **Status:** Charged Off
- **Term:** 6 months
## Use of funds
- **Payroll:** $1.40M
- **Jobs reported:** 287
## Lender
- **Originating:** Planters Bank & Trust Company
- **Servicing:** Planters Bank & Trust Company (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*