# PPP loan: RIVER PARK HOTEL AND SUITES, INC
> **$1.28M** approved 04/10/2020 · Paid in Full · Loan `1953377102`
## Borrower
- **Name:** RIVER PARK HOTEL AND SUITES, INC
- **Address:** 555 NE 15 street Suite 100, MIAMI, FL, 33132-1401
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.28M
- **Initial approval:** $1.28M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Mortgage interest:** $390K
- **Utilities:** $352K
- **Health care:** $37K
- **Jobs reported:** 218
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*