# PPP loan: ALBANY AVENUE GARAGE INC
> **$239K** approved 05/01/2020 · Exemption 4 · Loan `6092767700`
## Borrower
- **Name:** ALBANY AVENUE GARAGE INC
- **Address:** 135 SAWKILL RD, KINGSTON, NY, 12401-1210
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $239K
- **Initial approval:** $39K
- **Forgiven:** $48K (20%)
- **Forgiveness date:** 02/02/2023
- **Status:** Exemption 4
- **Term:** 120 months
## Use of funds
- **Payroll:** $239K
- **Jobs reported:** 5
## 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*