# PPP loan: INDY NE LODGING ASSOCIATES LLC
> **$638K** approved 04/14/2020 · Paid in Full · Loan `6475587103`
## Borrower
- **Name:** INDY NE LODGING ASSOCIATES LLC
- **Address:** 5701 Progress Road, INDIANAPOLIS, IN, 46241
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $638K
- **Initial approval:** $638K
- **Forgiven:** $645K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Jobs reported:** 47
## Lender
- **Originating:** Sovereign Bank
- **Servicing:** Sovereign Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*