# PPP loan: CAROLINA HOTEL INVESTORS - CRABTREE LLC
> **$168K** approved 04/30/2020 · Exemption 4 · Loan `6722677300`
## Borrower
- **Name:** CAROLINA HOTEL INVESTORS - CRABTREE LLC
- **Address:** 4100 Glenwood Avenue,, Raleigh, NC, 27612
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $78K (47%)
- **Forgiveness date:** 11/17/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 32
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*