# PPP loan: CARPENTER HOTEL LLC
> **$710K** approved 04/04/2020 · Paid in Full · Loan `4781647009`
## Borrower
- **Name:** CARPENTER HOTEL LLC
- **Address:** 400 Josephine Street, AUSTIN, TX, 78704-1017
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $710K
- **Initial approval:** $710K
- **Forgiven:** $715K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $533K
- **Rent:** $142K
- **Utilities:** $36K
- **Jobs reported:** 85
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*