# PPP loan: 85TH & 3RD LLC
> **$255K** approved 04/14/2020 · Paid in Full · Loan `6023147110`
## Borrower
- **Name:** 85TH & 3RD LLC
- **Address:** 1426 3RD AVE, NEW YORK, NY, 10028-1801
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $50K
- **Utilities:** $5K
- **Jobs reported:** 57
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*