# PPP loan: BOARD OF MANAGERS OF BRIGHTWATER TOWERS CONDOMINIUM
> **$425K** approved 05/18/2020 · Paid in Full · Loan `8323207410`
## Borrower
- **Name:** BOARD OF MANAGERS OF BRIGHTWATER TOWERS CONDOMINIUM
- **Address:** 601 Surf Avenue, Mgmt. Office, Brooklyn, NY, 11224
- **NAICS:** 531390
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 31
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*