# PPP loan: AMA MOLTO HOSPITALITY
> **$739K** approved 03/31/2021 · Paid in Full · Loan `4070048703`
## Borrower
- **Name:** AMA MOLTO HOSPITALITY
- **Address:** 607 Shelby St Ste 200, Detroit, MI, 48226-3283
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $739K
- **Initial approval:** $739K
- **Forgiven:** $744K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $739K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*