# PPP loan: HALL OF NEWPORT NEWS, LLC
> **$427K** approved 04/15/2020 · Paid in Full · Loan `1161107202`
## Borrower
- **Name:** HALL OF NEWPORT NEWS, LLC
- **Address:** 12501 Jefferson Avenue, Newport News, VA, 23602
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $427K
- **Initial approval:** $427K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Rent:** $64K
- **Health care:** $43K
- **Jobs reported:** 39
## 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*