# PPP loan: WAYNE HOTEL LLC
> **$170K** approved 02/10/2021 · Paid in Full · Loan `6322358404`
## Borrower
- **Name:** WAYNE HOTEL LLC
- **Address:** 1850 State Route 23, Wayne, NJ, 07470-6576
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $170K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** State Bank of Texas
- **Servicing:** State Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*