# PPP loan: NEW YORK STUDIO SCHOOL
> **$230K** approved 04/28/2020 · Paid in Full · Loan `8991997201`
## Borrower
- **Name:** NEW YORK STUDIO SCHOOL
- **Address:** 8 West 8th Street, New York, NY, 10011
- **NAICS:** 611610
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 49
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*