# PPP loan: CHESTNUT HOLDINGS OF NEW YORK INC
> **$997K** approved 04/27/2020 · Paid in Full · Loan `6070697201`
## Borrower
- **Name:** CHESTNUT HOLDINGS OF NEW YORK INC
- **Address:** 5676 RIVERDALE AVE. SUITE 307, BRONX, NY, 10471
- **NAICS:** 531110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $997K
- **Initial approval:** $2.30M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $997K
- **Jobs reported:** 206
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*