# PPP loan: AVR CARLE PLACE HOTEL 1 LLC
> **$275K** approved 04/27/2020 · Paid in Full · Loan `5199887206`
## Borrower
- **Name:** AVR CARLE PLACE HOTEL 1 LLC
- **Address:** 40 WESTBURY AVE, CARLE PLACE, NY, 11514-1521
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Unanswered
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Mortgage interest:** $37K
- **Utilities:** $18K
- **Jobs reported:** 45
## Lender
- **Originating:** BOM Bank
- **Servicing:** BOM Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*