# PPP loan: GREAT PALACE REALTY LLC
> **$161K** approved 04/27/2020 · Charged Off · Loan `4254547208`
## Borrower
- **Name:** GREAT PALACE REALTY LLC
- **Address:** 5 Lakeside Road, Newburgh, NY, 12550-5717
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $130K (81%)
- **Forgiveness date:** 08/02/2021
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 40
## Lender
- **Originating:** Community Federal Savings Bank
- **Servicing:** Community Federal Savings Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*