# PPP loan: NEW 42ND STREET INC
> **$1.30M** approved 04/08/2021 · Paid in Full · Loan `8913308706`
## Borrower
- **Name:** NEW 42ND STREET INC
- **Address:** 229 W 42nd St Fl 10, New York, NY, 10036-7205
- **NAICS:** 711190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.31M (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.30M
- **Utilities:** $1
- **Jobs reported:** 196
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **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*