# PPP loan: SALISBURY STREET HOTEL LLC
> **$543K** approved 03/20/2021 · Paid in Full · Loan `4791228600`
## Borrower
- **Name:** SALISBURY STREET HOTEL LLC
- **Address:** 616 S Salisbury St Raleigh NC 27601, Raleigh, NC, 27601
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $543K
- **Initial approval:** $543K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $542K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Oriental Bank
- **Servicing:** Oriental Bank (PR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*