# PPP loan: 54N11BK LLC
> **$195K** approved 05/01/2020 · Exemption 4 · Loan `6392297703`
## Borrower
- **Name:** 54N11BK LLC
- **Address:** 54 N 11th St, Brooklyn, NY, 11249
- **NAICS:** 424820
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $24K (12%)
- **Forgiveness date:** 04/29/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 30
## 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*