# PPP loan: COMMUNITY DEVELOPMENT PROJECT INC
> **$991K** approved 04/14/2020 · Charged Off · Loan `7848767107`
## Borrower
- **Name:** COMMUNITY DEVELOPMENT PROJECT INC
- **Address:** 123 WILLIAM ST 16FL, NEW YORK, NY, 10038-3804
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $991K
- **Initial approval:** $991K
- **Forgiven:** $630K (64%)
- **Forgiveness date:** 03/30/2022
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $991K
- **Jobs reported:** 51
## Lender
- **Originating:** Spring Bank
- **Servicing:** Spring Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*