# PPP loan: COMMERCE CENTER ASSOCIATES LC
> **$828K** approved 02/05/2021 · Paid in Full · Loan `3846598403`
## Borrower
- **Name:** COMMERCE CENTER ASSOCIATES LC
- **Address:** 1900 Pavilion Dr, Virginia Beach, VA, 23451-5551
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $828K
- **Initial approval:** $828K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $828K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*