# PPP loan: PI NEW IBERIA HOTELS LLC
> **$315K** approved 02/08/2021 · Paid in Full · Loan `5182228403`
## Borrower
- **Name:** PI NEW IBERIA HOTELS LLC
- **Address:** 318 U.S. 90 Frontage Rd, New Iberia, LA, 70560
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $320K (102%)
- **Forgiveness date:** 08/18/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*