# PPP loan: ADDISON HOTELS LLC
> **$266K** approved 04/27/2020 · Paid in Full · Loan `6006227206`
## Borrower
- **Name:** ADDISON HOTELS LLC
- **Address:** 551 N. Swift Rd., ADDISON, IL, 60101
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 43
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*