# PPP loan: OAKLAND FIFTH AVENUE HOTEL ASSOCIATES LP
> **$648K** approved 02/10/2021 · Paid in Full · Loan `6445458410`
## Borrower
- **Name:** OAKLAND FIFTH AVENUE HOTEL ASSOCIATES LP
- **Address:** 11410 Common Oaks Dr, Raleigh, NC, 27614-7002
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $648K
- **Initial approval:** $648K
- **Forgiven:** $655K (101%)
- **Forgiveness date:** 03/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $648K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*