# PPP loan: HOTEL 35 LLC
> **$605K** approved 04/10/2020 · Charged Off · Loan `1233417103`
## Borrower
- **Name:** HOTEL 35 LLC
- **Address:** 45 W 35th Street 0.0, New York, NY, 10001-2277
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $8K (1%)
- **Forgiveness date:** 08/03/2021
- **Status:** Charged Off
- **Term:** 29 months
## Use of funds
- **Payroll:** $493K
- **Rent:** $105K
- **Health care:** $8K
- **Jobs reported:** 79
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*