# PPP loan: 41ST GIFTS LLC
> **$151K** approved 04/14/2020 · Paid in Full · Loan `7880517102`
## Borrower
- **Name:** 41ST GIFTS LLC
- **Address:** 200 East 41st St, NEW YORK, NY, 10017-7209
- **NAICS:** 453220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Mortgage interest:** $36K
- **Utilities:** $2K
- **Jobs reported:** 41
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*