# PPP loan: MORGAN POINT HOTEL LLC
> **$242K** approved 04/28/2020 · Paid in Full · Loan `6916847203`
## Borrower
- **Name:** MORGAN POINT HOTEL LLC
- **Address:** 40 West 57th Street, New York, NY, 10019
- **NAICS:** 721120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $242K
- **Jobs reported:** 13
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*