# PPP loan: 510 W42 HOTEL OPERATING LLC
> **$1.64M** approved 04/01/2021 · Charged Off · Loan `4785888701`
## Borrower
- **Name:** 510 W42 HOTEL OPERATING LLC
- **Address:** 9911 S 78th Ave, Hickory Hills, IL, 60457-2334
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $804K (49%)
- **Forgiveness date:** 09/15/2022
- **Status:** Charged Off
- **Term:** 25 months
## Use of funds
- **Payroll:** $1.64M
- **Utilities:** $1
- **Jobs reported:** 117
## Lender
- **Originating:** The Northern Trust Company
- **Servicing:** The Northern Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*