# PPP loan: ISLAND TIME - 1 OCEAN PKWY LLC
> **$646K** approved 04/07/2020 · Paid in Full · Loan `6576947005`
## Borrower
- **Name:** ISLAND TIME - 1 OCEAN PKWY LLC
- **Address:** 108 W Main St, PATCHOGUE, NY, 11772-3014
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $646K
- **Initial approval:** $223K
- **Forgiven:** $653K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $646K
- **Jobs reported:** 25
## 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*