# PPP loan: ELIOT HOTEL, INC.
> **$1.18M** approved 04/06/2020 · Paid in Full · Loan `6148177003`
## Borrower
- **Name:** ELIOT HOTEL, INC.
- **Address:** 370 Commonweatlh Avenue, BOSTON, MA, 02215-2801
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.26M
- **Forgiven:** $1.19M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 110
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*