# PPP loan: DEMOCRACY WORKS INC.
> **$947K** approved 05/02/2020 · Paid in Full · Loan `9734007310`
## Borrower
- **Name:** DEMOCRACY WORKS INC.
- **Address:** 840 JAY STREET, SUITE 840, BROOKLYN, NY, 11201
- **NAICS:** 561990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $947K
- **Initial approval:** $947K
- **Forgiven:** $954K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $947K
- **Jobs reported:** 56
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*