# PPP loan: PARADE RESIDENCE HOTEL LLC
> **$432K** approved 01/21/2021 · Paid in Full · Loan `3086978308`
## Borrower
- **Name:** PARADE RESIDENCE HOTEL LLC
- **Address:** 100 Deer St, Portsmouth, NH, 03801-3719
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $432K
- **Initial approval:** $432K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $432K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*