# PPP loan: IM 60TH STREET LLC
> **$635K** approved 04/28/2020 · Exemption 4 · Loan `9585727200`
## Borrower
- **Name:** IM 60TH STREET LLC
- **Address:** 1761 Yardley-Langhorne Road, MORRISVILLE, PA, 19067
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $635K
- **Initial approval:** $635K
- **Forgiven:** $612K (96%)
- **Forgiveness date:** 03/24/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $635K
- **Jobs reported:** 61
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*