# PPP loan: MCPEAK'S ADULT HOME, INC.
> **$199K** approved 04/14/2020 · Paid in Full · Loan `7966587102`
## Borrower
- **Name:** MCPEAK'S ADULT HOME, INC.
- **Address:** 286 NORTH OCEAN AVE, PATCHOGUE, NY, 11772-0001
- **NAICS:** 623311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Rent:** $40K
- **Jobs reported:** 18
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*