# PPP loan: MELNEA HOTEL LLC
> **$488K** approved 01/23/2021 · Paid in Full · Loan `4651848302`
## Borrower
- **Name:** MELNEA HOTEL LLC
- **Address:** 2001 Washington St, Boston, MA, 02119-2019
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 03/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $488K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*