# PPP loan: NEIGHBORHOOD INITIATIVES DEVELOPMENT COR
> **$492K** approved 05/01/2020 · Paid in Full · Loan `7085727706`
## Borrower
- **Name:** NEIGHBORHOOD INITIATIVES DEVELOPMENT COR
- **Address:** 2523 Olinville Ave Ground Floor, Bronx, NY, 10467
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 11/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 105
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*