# PPP loan: 1 PONCE DE LEON LLC
> **$1.12M** approved 06/26/2020 · Exemption 4 · Loan `4425798008`
## Borrower
- **Name:** 1 PONCE DE LEON LLC
- **Address:** 4101 N OCEAN BLVD APT D702, BOCA RATON, FL, 33431-5312
- **NAICS:** 531210
- **Business type:** Self-Employed Individuals
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 16
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*