# PPP loan: JITEN HOTEL MANAGEMENT INC
> **$1.74M** approved 01/27/2021 · Paid in Full · Loan `6902008302`
## Borrower
- **Name:** JITEN HOTEL MANAGEMENT INC
- **Address:** 495 Westgate Dr # 0, Brockton, MA, 02301-1833
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 02/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.74M
- **Utilities:** $1
- **Jobs reported:** 69
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*