# PPP loan: GALAXY DEVELOPERS LLC
> **$296K** approved 03/23/2021 · Paid in Full · Loan `7241758605`
## Borrower
- **Name:** GALAXY DEVELOPERS LLC
- **Address:** 505 Flushing Ave Ste 1D, Brooklyn, NY, 11205-1689
- **NAICS:** 236116
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 08/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $296K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*