# PPP loan: LIC HOTEL PROPERTY LLC
> **$405K** approved 03/29/2021 · Paid in Full · Loan `2427348704`
## Borrower
- **Name:** LIC HOTEL PROPERTY LLC
- **Address:** 3906 30th St, Long Island City, NY, 11101-2806
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 03/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 40
## Lender
- **Originating:** Ponce Bank
- **Servicing:** Ponce Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*