# PPP loan: THE CRYSTAL ROOM LP
> **$661K** approved 04/15/2020 · Exemption 4 · Loan `9987247103`
## Borrower
- **Name:** THE CRYSTAL ROOM LP
- **Address:** 97 Sullivan Street, New York, NY, 10012
- **NAICS:** 722515
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $661K
- **Initial approval:** $661K
- **Forgiven:** $260K (39%)
- **Forgiveness date:** 08/25/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $661K
- **Jobs reported:** 67
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*