# PPP loan: P S DEVELOPMENT LLC
> **$975K** approved 04/28/2020 · Exemption 4 · Loan `9822937209`
## Borrower
- **Name:** P S DEVELOPMENT LLC
- **Address:** 500 E 30TH ST, NEW YORK, NY, 10016
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $975K
- **Initial approval:** $975K
- **Forgiven:** $532K (55%)
- **Forgiveness date:** 03/31/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $975K
- **Jobs reported:** 198
## 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*