# PPP loan: GRACE INSTITUTE OF NEW YORK
> **$326K** approved 04/14/2020 · Paid in Full · Loan `7400437104`
## Borrower
- **Name:** GRACE INSTITUTE OF NEW YORK
- **Address:** 40 Rector St, 14th Floor, New York, NY, 10006-1728
- **NAICS:** 611430
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*