# PPP loan: FORT LEE HOTEL MANAGEMENT INC.
> **$1.02M** approved 02/19/2021 · Paid in Full · Loan `1693238508`
## Borrower
- **Name:** FORT LEE HOTEL MANAGEMENT INC.
- **Address:** 2117 State Rt 4, Fort Lee, NJ, 07024-3209
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*