# PPP loan: NEW 42ND STREET INC
> **$2.15M** approved 04/14/2020 · Paid in Full · Loan `7092827100`
## Borrower
- **Name:** NEW 42ND STREET INC
- **Address:** 229 W 42nd Street 10th Floor, NEW YORK, NY, 10036
- **NAICS:** 711190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.15M
- **Initial approval:** $2.15M
- **Forgiven:** $2.17M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.64M
- **Utilities:** $245K
- **Health care:** $264K
- **Jobs reported:** 210
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*