# PPP loan: THE ALLEN HOTEL INC
> **$152K** approved 02/19/2021 · Paid in Full · Loan `1630918503`
## Borrower
- **Name:** THE ALLEN HOTEL INC
- **Address:** 207 Bowery Fl 2, New York, NY, 10002-2870
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $152K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*