# PPP loan: TYREK HEIGHTS ERECTORS, INC
> **$1.59M** approved 04/28/2020 · Exemption 4 · Loan `7839157208`
## Borrower
- **Name:** TYREK HEIGHTS ERECTORS, INC
- **Address:** 540 NEPPERHAN AVE SUITE 568, YONKERS, NY, 10701
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.05M (66%)
- **Forgiveness date:** 11/22/2021
- **Status:** Exemption 4
- **Term:** 119 months
## Use of funds
- **Payroll:** $1.59M
- **Jobs reported:** 96
## 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*