# PPP loan: LIXI HOSPITALITY ANDOVER
> **$178K** approved 04/10/2020 · Paid in Full · Loan `1472317105`
## Borrower
- **Name:** LIXI HOSPITALITY ANDOVER
- **Address:** 500 Minuteman rd 0.0, Andover, MA, 01810-1044
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Mortgage interest:** $40K
- **Utilities:** $8K
- **Health care:** $366
- **Jobs reported:** 37
## 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*