# PPP loan: RIVERFRONT LODGING LLC
> **$630K** approved 04/13/2020 · Exemption 4 · Loan `4355607103`
## Borrower
- **Name:** RIVERFRONT LODGING LLC
- **Address:** OTIA HOLDING LLC 701 CONVENTION CE NTER BLVD, NEW ORLEANS, LA, 70130
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $315K (50%)
- **Forgiveness date:** 10/20/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $630K
- **Jobs reported:** 97
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*