# PPP loan: PARED MOTEL ASSOCIATES LLC
> **$158K** approved 01/20/2021 · Paid in Full · Loan `1873588309`
## Borrower
- **Name:** PARED MOTEL ASSOCIATES LLC
- **Address:** 211 N State Rt 17, Paramus, NJ, 07652-2903
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $158K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*