# PPP loan: AM PITT HOTEL LLC
> **$409K** approved 04/14/2020 · Exemption 4 · Loan `6736537109`
## Borrower
- **Name:** AM PITT HOTEL LLC
- **Address:** 425 Forbes Ave, Pittsburgh, PA, 15219-1609
- **NAICS:** 531120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $409K
- **Initial approval:** $409K
- **Forgiven:** $374K (92%)
- **Forgiveness date:** 02/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Mortgage interest:** $200K
- **Utilities:** $9K
- **Jobs reported:** 32
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*