# PPP loan: CHELSEA GATEWAY PROPERTY LLC
> **$434K** approved 04/13/2020 · Paid in Full · Loan `5129097101`
## Borrower
- **Name:** CHELSEA GATEWAY PROPERTY LLC
- **Address:** 10 Cabot Rd Suite 209, MEDFORD, MA, 02155-5141
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $439K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Mortgage interest:** $90K
- **Utilities:** $15K
- **Health care:** $9K
- **Jobs reported:** 44
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*