# PPP loan: EASTHILL HOTEL CORP
> **$1.24M** approved 04/10/2020 · Paid in Full · Loan `1697537102`
## Borrower
- **Name:** EASTHILL HOTEL CORP
- **Address:** 871  7TH AVE, NEW YORK, NY, 10019-3830
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $961K (77%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $931K
- **Rent:** $248K
- **Utilities:** $62K
- **Jobs reported:** 69
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*