# PPP loan: ISLAND TIME - 1 OCEAN PKWY LLC
> **$986K** approved 03/16/2021 · Paid in Full · Loan `3354748600`
## Borrower
- **Name:** ISLAND TIME - 1 OCEAN PKWY LLC
- **Address:** 108 W Main St, Patchogue, NY, 11772-3014
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $986K
- **Initial approval:** $986K
- **Forgiven:** $996K (101%)
- **Forgiveness date:** 04/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $986K
- **Utilities:** $1
- **Jobs reported:** 74
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*