# PPP loan: PROJECT RENEWAL INC.
> **$8.26M** approved 03/23/2021 · Exemption 4 · Loan `7158418607`
## Borrower
- **Name:** PROJECT RENEWAL INC.
- **Address:** 200 Varick St Fl 9, New York, NY, 10014-4809
- **NAICS:** 813311
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.26M
- **Initial approval:** $8.26M
- **Forgiven:** $6.97M (84%)
- **Forgiveness date:** 03/03/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $8.26M
- **Jobs reported:** 500
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*