# PPP loan: OXFORD PALACE HOTEL, LLC
> **$251K** approved 04/06/2020 · Paid in Full · Loan `6263527007`
## Borrower
- **Name:** OXFORD PALACE HOTEL, LLC
- **Address:** 745 S. OXFORD AVE, LOS ANGELES, CA, 90005-2909
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Mortgage interest:** $21K
- **Utilities:** $42K
- **Jobs reported:** 33
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*