# PPP loan: TOWNE NURSING STAFF INC
> **$6.57M** approved 04/28/2020 · Paid in Full · Loan `7824227202`
## Borrower
- **Name:** TOWNE NURSING STAFF INC
- **Address:** 1413 38TH ST, BROOKLYN, NY, 11218-3613
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $6.57M
- **Initial approval:** $6.57M
- **Forgiven:** $6.42M (98%)
- **Forgiveness date:** 02/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $6.57M
- **Jobs reported:** 500
## Lender
- **Originating:** Ponce Bank
- **Servicing:** Ponce Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*