# PPP loan: CYPRESS HILLS CHILD CARE CORPORATION
> **$409K** approved 04/15/2020 · Exemption 4 · Loan `9175407108`
## Borrower
- **Name:** CYPRESS HILLS CHILD CARE CORPORATION
- **Address:** 3295 Fulton Street 3295 Fulton Street, Brooklyn, NY, 11208
- **NAICS:** 624410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $40K (10%)
- **Forgiveness date:** 09/09/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $327K
- **Rent:** $30K
- **Mortgage interest:** $12K
- **Utilities:** $5K
- **Health care:** $35K
- **Jobs reported:** 47
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*