# PPP loan: AAM WOBURN HOTEL LLC
> **$1.22M** approved 02/04/2021 · Exemption 4 · Loan `3208818403`
## Borrower
- **Name:** AAM WOBURN HOTEL LLC
- **Address:** 15 Middlesex Canal Park, Woburn, MA, 01801-2201
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.10M (90%)
- **Forgiveness date:** 11/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 137
## Lender
- **Originating:** Bank of New England
- **Servicing:** Bank of New England (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*