# PPP loan: DOVER 340 LTD
> **$300K** approved 05/29/2020 · Charged Off · Loan `5081347801`
## Borrower
- **Name:** DOVER 340 LTD
- **Address:** 27 Johns Place, FREEPORT, NY, 11520-0001
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $60K
- **Jobs reported:** 45
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*