# PPP loan: BAYSIDE TERRACE LLC
> **$650K** approved 04/15/2020 · Paid in Full · Loan `9743567109`
## Borrower
- **Name:** BAYSIDE TERRACE LLC
- **Address:** 110 S LEWIS AVE, WAUKEGAN, IL, 60085-5123
- **NAICS:** 623110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $650K
- **Initial approval:** $650K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $488K
- **Rent:** $49K
- **Mortgage interest:** $49K
- **Utilities:** $65K
- **Jobs reported:** 112
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*