# PPP loan: SOUTHERN RI HOSPITALITY MANAGEMENT LLC
> **$229K** approved 03/20/2021 · Paid in Full · Loan `5085638602`
## Borrower
- **Name:** SOUTHERN RI HOSPITALITY MANAGEMENT LLC
- **Address:** 3 Fairfield Way, South Kingstown, RI, 02879-8287
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $230K (100%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*