# PPP loan: 1651 TIBURON HOTEL, LLC
> **$572K** approved 04/10/2020 · Exemption 4 · Loan `1996757109`
## Borrower
- **Name:** 1651 TIBURON HOTEL, LLC
- **Address:** 1140 RESERVOIR AVE, CRANSTON, RI, 02920-6032
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $449K (79%)
- **Forgiveness date:** 10/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $572K
- **Jobs reported:** 70
## Lender
- **Originating:** INTRUST Bank, National Association
- **Servicing:** INTRUST Bank, National Association (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*