# PPP loan: HEMPSTEAD ASSET ACQUISITION II LLC
> **$676K** approved 04/14/2020 · Paid in Full · Loan `8000217103`
## Borrower
- **Name:** HEMPSTEAD ASSET ACQUISITION II LLC
- **Address:** 820 Front Street, Hempstead, NY, 11550
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $676K
- **Initial approval:** $676K
- **Forgiven:** $682K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Rent:** $160K
- **Health care:** $16K
- **Jobs reported:** 81
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*