# PPP loan: ACRES CAPITAL LLC
> **$625K** approved 05/02/2020 · Paid in Full · Loan `9567997305`
## Borrower
- **Name:** ACRES CAPITAL LLC
- **Address:** 865 Merrick Avenue  Suite 200 S, WESTBURY, NY, 11590-6905
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $625K
- **Initial approval:** $657K
- **Forgiven:** $632K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $625K
- **Jobs reported:** 24
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*