# PPP loan: NYC MGMT GROUP INC
> **$857K** approved 04/08/2020 · Paid in Full · Loan `8448767004`
## Borrower
- **Name:** NYC MGMT GROUP INC
- **Address:** 71 W 23RD ST Suite 301, NEW YORK, NY, 10010-3500
- **NAICS:** 711410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $857K
- **Initial approval:** $857K
- **Forgiven:** $867K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $757K
- **Rent:** $70K
- **Utilities:** $30K
- **Jobs reported:** 29
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*