# PPP loan: BEACWAY OPERATING, LLC
> **$1.88M** approved 02/10/2021 · Paid in Full · Loan `6727458408`
## Borrower
- **Name:** BEACWAY OPERATING, LLC
- **Address:** 2130 Broadway, New York, NY, 10023-1724
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.12M
- **Forgiven:** $1.90M (101%)
- **Forgiveness date:** 06/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.88M
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*