# PPP loan: 1611 EL CENTRO HOSPITALITY LLC
> **$248K** approved 03/17/2021 · Exemption 4 · Loan `4005748607`
## Borrower
- **Name:** 1611 EL CENTRO HOSPITALITY LLC
- **Address:** 1611 N El Centro Ave, Los Angeles, CA, 90028-6458
- **NAICS:** 722410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $173K (70%)
- **Forgiveness date:** 02/14/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $248K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** A10Capital, LLC
- **Servicing:** A10Capital, LLC (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*