# PPP loan: GROTON EQUITIES ASSOCIATES LLC
> **$5.41M** approved 04/29/2020 · Exemption 4 · Loan `2707447305`
## Borrower
- **Name:** GROTON EQUITIES ASSOCIATES LLC
- **Address:** 538 Broadhollow Road - Third Floor East, Melville, NY, 11747
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.41M
- **Initial approval:** $5.41M
- **Forgiven:** $5.44M (101%)
- **Forgiveness date:** 12/01/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $5.41M
- **Jobs reported:** 363
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*