# PPP loan: 27TH STREET HOTEL LLC
> **$425K** approved 02/08/2021 · Paid in Full · Loan `5225268405`
## Borrower
- **Name:** 27TH STREET HOTEL LLC
- **Address:** 222 Central Park Ave Ste 2100, Virginia Beach, VA, 23462-3039
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 02/08/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*