# PPP loan: ROYAL SOMERSET INN LLC
> **$203K** approved 01/25/2021 · Paid in Full · Loan `5264228309`
## Borrower
- **Name:** ROYAL SOMERSET INN LLC
- **Address:** 315 Davidson Ave, Somerset, NJ, 08873-4119
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $203K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*