# PPP loan: BEACH TERRACE CARE CENTER, INC.
> **$1.53M** approved 05/15/2020 · Exemption 4 · Loan `6868777407`
## Borrower
- **Name:** BEACH TERRACE CARE CENTER, INC.
- **Address:** 640 W BROADWAY, LONG BEACH, NY, 11561-2900
- **NAICS:** 623110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.53M
- **Forgiven:** $1.57M (102%)
- **Forgiveness date:** 10/12/2022
- **Status:** Exemption 4
- **Term:** 2 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 135
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*