# PPP loan: SBHC PRIVATE EQUITY IV, LLC
> **$518K** approved 05/12/2020 · Paid in Full · Loan `5325017401`
## Borrower
- **Name:** SBHC PRIVATE EQUITY IV, LLC
- **Address:** 40 NORTH COUNTRY ROAD, PORT JEFFERSON, NY, 11777
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $518K
- **Jobs reported:** 64
## 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*