# PPP loan: TERRACE 100, L.P.
> **$290K** approved 05/04/2020 · Paid in Full · Loan `1200997400`
## Borrower
- **Name:** TERRACE 100, L.P.
- **Address:** 100 Schoolhouse Road, LEVITTOWN, NY, 11756-0001
- **NAICS:** 531311
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $58K
- **Jobs reported:** 30
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*