# PPP loan: NACO NYC LLC
> **$197K** approved 04/27/2020 · Exemption 4 · Loan `6064957200`
## Borrower
- **Name:** NACO NYC LLC
- **Address:** 10 DOWING ST, NEW YORK, NY, 10014
- **NAICS:** 711110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $39K (20%)
- **Forgiveness date:** 08/17/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 43
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*