# PPP loan: TRUE COLORS UNITED INC.
> **$243K** approved 04/08/2020 · Paid in Full · Loan `8847727000`
## Borrower
- **Name:** TRUE COLORS UNITED INC.
- **Address:** 311 W 43RD ST, NEW YORK, NY, 10036-6001
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Rent:** $19K
- **Utilities:** $1K
- **Health care:** $27K
- **Jobs reported:** 19
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*