# PPP loan: TCA BLOCK 7 HOTEL LLC
> **$1.06M** approved 01/23/2021 · Paid in Full · Loan `4553598306`
## Borrower
- **Name:** TCA BLOCK 7 HOTEL LLC
- **Address:** 222 Central Park Ave, Virginia Beach, VA, 23462-3022
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*