# PPP loan: S POINT HOTEL GROUP LLC
> **$265K** approved 04/11/2020 · Paid in Full · Loan `2874457109`
## Borrower
- **Name:** S POINT HOTEL GROUP LLC
- **Address:** 3141 John Humphires Wynd Suite 200, RALEIGH, NC, 27612
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $284K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 39
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*