# PPP loan: 246 SPRING STREET (NY), LLC
> **$6.28M** approved 04/28/2020 · Paid in Full · Loan `6582107203`
## Borrower
- **Name:** 246 SPRING STREET (NY), LLC
- **Address:** 246 SPRING ST, NEW YORK, NY, 10013-1521
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.28M
- **Initial approval:** $6.28M
- **Forgiven:** $6.14M (98%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.03M
- **Utilities:** $314K
- **Health care:** $314K
- **Debt interest:** $628K
- **Jobs reported:** 328
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*