# PPP loan: NEWBURGH HOTEL LLC
> **$164K** approved 02/10/2021 · Paid in Full · Loan `6591608405`
## Borrower
- **Name:** NEWBURGH HOTEL LLC
- **Address:** 4 Governor Dr, Newburgh, NY, 12550-8338
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $202K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*