# PPP loan: PREMIUM MERCHANT FUNDING 18, LLC
> **$648K** approved 05/19/2020 · Paid in Full · Loan `9236667404`
## Borrower
- **Name:** PREMIUM MERCHANT FUNDING 18, LLC
- **Address:** 55 Water street 50th Floor, New York, NY, 10041-0001
- **NAICS:** 813920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $648K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $648K
- **Jobs reported:** 120
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*