# PPP loan: RESTON HOTEL LLC
> **$774K** approved 04/06/2020 · Paid in Full · Loan `6003847002`
## Borrower
- **Name:** RESTON HOTEL LLC
- **Address:** 4200 City Ave, PHILADELPHIA, PA, 19131-1611
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $774K
- **Initial approval:** $774K
- **Forgiven:** $583K (75%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $581K
- **Utilities:** $194K
- **Jobs reported:** 94
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*