# PPP loan: 44 LEXINGTON ASSOCIATES LLC
> **$364K** approved 04/15/2020 · Exemption 4 · Loan `8201217110`
## Borrower
- **Name:** 44 LEXINGTON ASSOCIATES LLC
- **Address:** 517 Lexington Avenue, New York, NY, 10017
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $364K
- **Initial approval:** $364K
- **Forgiven:** $306K (84%)
- **Forgiveness date:** 01/11/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $273K
- **Utilities:** $55K
- **Health care:** $36K
- **Jobs reported:** 25
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*