# PPP loan: NEWSTREAM HOTEL PARTNERS - LIT LLC
> **$262K** approved 04/27/2020 · Paid in Full · Loan `5877207201`
## Borrower
- **Name:** NEWSTREAM HOTEL PARTNERS - LIT LLC
- **Address:** 311 S OAK ST STE 250, ROANOKE, TX, 76262-6719
- **NAICS:** 531312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Rent:** $52K
- **Mortgage interest:** $13K
- **Jobs reported:** 27
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*