# PPP loan: TROY HOTEL PROPERTY, LLC
> **$258K** approved 05/01/2020 · Charged Off · Loan `2168177710`
## Borrower
- **Name:** TROY HOTEL PROPERTY, LLC
- **Address:** 14837 Detroit Avenue #287, LAKEWOOD, OH, 44107
- **NAICS:** 531120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $82K (32%)
- **Forgiveness date:** 05/05/2021
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $52K
- **Health care:** $8K
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*