# PPP loan: I.H. WEISS CO. LTD
> **$1.55M** approved 01/31/2021 · Exemption 4 · Loan `9985798303`
## Borrower
- **Name:** I.H. WEISS CO. LTD
- **Address:** 242 W 36th St # 6, New York, NY, 10018-7542
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.25M (81%)
- **Forgiveness date:** 11/20/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $1
- **Jobs reported:** 82
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*