# PPP loan: THE HOTEL OF COLLINS AVENUE LLC
> **$304K** approved 04/05/2020 · Paid in Full · Loan `5092397005`
## Borrower
- **Name:** THE HOTEL OF COLLINS AVENUE LLC
- **Address:** 2214 NW 1st Place, MIAMI BEACH, FL, 33139
- **NAICS:** 531120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $195K (64%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $76K
- **Jobs reported:** 43
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*