# PPP loan: 568 AMSTERDAM LLC
> **$347K** approved 05/20/2020 · Exemption 4 · Loan `9558897406`
## Borrower
- **Name:** 568 AMSTERDAM LLC
- **Address:** 127 W 43RD ST, NEW YORK, NY, 10036-6565
- **NAICS:** 722511
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $347K
- **Initial approval:** $357K
- **Forgiven:** $234K (67%)
- **Forgiveness date:** 12/21/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $337K
- **Jobs reported:** 40
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*