# PPP loan: THE CLEAVER COMPANY, INC
> **$292K** approved 04/08/2020 · Charged Off · Loan `8536907009`
## Borrower
- **Name:** THE CLEAVER COMPANY, INC
- **Address:** 257 COLUMBIA ST, BROOKLYN, NY, 11231-1332
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $242K (83%)
- **Forgiveness date:** 08/02/2021
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 13
## 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*