# PPP loan: QUIP NYC INC
> **$2.12M** approved 05/03/2020 · Paid in Full · Loan `6399817707`
## Borrower
- **Name:** QUIP NYC INC
- **Address:** 45 MAIN ST STE 616, BROOKLYN, NY, 11201-1099
- **NAICS:** 325611
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.12M
- **Jobs reported:** 165
## 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*