# PPP loan: PORTA AT ASBURY LLC
> **$769K** approved 04/29/2020 · Paid in Full · Loan `3840957309`
## Borrower
- **Name:** PORTA AT ASBURY LLC
- **Address:** 911 KINGSLEY ST, ASBURY PARK, NJ, 07712-6216
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $769K
- **Initial approval:** $769K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $665K
- **Rent:** $64K
- **Utilities:** $31K
- **Debt interest:** $9K
- **Jobs reported:** 121
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*