# PPP loan: THE STANDARD ON THE BAY, LLC
> **$576K** approved 04/28/2020 · Paid in Full · Loan `7435447205`
## Borrower
- **Name:** THE STANDARD ON THE BAY, LLC
- **Address:** 494 FIRE ISLAND AVE, BABYLON, NY, 11702
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $576K
- **Jobs reported:** 135
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*