# PPP loan: URBAN ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
> **$5.94M** approved 04/15/2020 · Paid in Full · Loan `8172207107`
## Borrower
- **Name:** URBAN ENGINEERS, INC. EMPLOYEE STOCK OWNERSHIP PLAN
- **Address:** 530 Walnut Street, Philadelphia, PA, 19106
- **NAICS:** 541330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.94M
- **Initial approval:** $5.94M
- **Forgiven:** $6.02M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.93M
- **Rent:** $482K
- **Health care:** $522K
- **Jobs reported:** 377
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*