# PPP loan: PARC HOTEL LLC
> **$187K** approved 04/10/2020 · Paid in Full · Loan `1808657107`
## Borrower
- **Name:** PARC HOTEL LLC
- **Address:** 3916 College Point Boulevard, FLUSHING, NY, 11354-5138
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Mortgage interest:** $37K
- **Jobs reported:** 28
## Lender
- **Originating:** Flushing Bank
- **Servicing:** Flushing Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*