# PPP loan: 26-05 HOSPITALITY LLC
> **$350K** approved 06/24/2020 · Paid in Full · Loan `2891838005`
## Borrower
- **Name:** 26-05 HOSPITALITY LLC
- **Address:** 26-05 28th Street, Astoria, NY, 11102
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $140K
- **Jobs reported:** 45
## Lender
- **Originating:** Alma Bank
- **Servicing:** Alma Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*