# PPP loan: AHMUTY DEMERS AND MCMANUS
> **$3.77M** approved 04/28/2020 · Exemption 4 · Loan `7775227205`
## Borrower
- **Name:** AHMUTY DEMERS AND MCMANUS
- **Address:** 200 IU WILLETS RD, ALBERTSON, NY, 11507
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.77M
- **Initial approval:** $3.77M
- **Forgiven:** $3.40M (90%)
- **Forgiveness date:** 01/18/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $3.77M
- **Jobs reported:** 175
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*