# PPP loan: BPG HOTEL PARTNERS IV LLC
> **$598K** approved 03/01/2021 · Paid in Full · Loan `5531228500`
## Borrower
- **Name:** BPG HOTEL PARTNERS IV LLC
- **Address:** 654 S College Ave, Newark, DE, 19713-1315
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $598K
- **Initial approval:** $598K
- **Forgiven:** $603K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $598K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*