# PPP loan: NEW ROCHELLE HOTEL ASSOCIATES LLC
> **$615K** approved 04/07/2020 · Paid in Full · Loan `6930107004`
## Borrower
- **Name:** NEW ROCHELLE HOTEL ASSOCIATES LLC
- **Address:** 1 RADISSON PLZ, NEW ROCHELLE, NY, 10801-5727
- **NAICS:** 561599
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $615K
- **Initial approval:** $615K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Rent:** $92K
- **Utilities:** $31K
- **Jobs reported:** 60
## Lender
- **Originating:** Fairfield County Bank
- **Servicing:** Fairfield County Bank (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*