# PPP loan: PATCHOGUE 112 MOTORS LLC
> **$960K** approved 04/15/2020 · Paid in Full · Loan `1885587201`
## Borrower
- **Name:** PATCHOGUE 112 MOTORS LLC
- **Address:** 507 RT-112, PATCHOGUE, NY, 11772-1829
- **NAICS:** 453998
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $960K
- **Initial approval:** $960K
- **Forgiven:** $971K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $960K
- **Jobs reported:** 55
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*