# PPP loan: TERRACE COMMUNITIES TEQUESTA, LLC
> **$585K** approved 04/06/2020 · Paid in Full · Loan `6150587007`
## Borrower
- **Name:** TERRACE COMMUNITIES TEQUESTA, LLC
- **Address:** 400 North US-1, TEQUESTA, FL, 33469-2200
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $585K
- **Initial approval:** $585K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 04/26/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $439K
- **Utilities:** $146K
- **Jobs reported:** 85
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*