# PPP loan: EMPIRE REGENCY HOSPITALITY LLC
> **$553K** approved 05/15/2020 · Exemption 4 · Loan `6937167406`
## Borrower
- **Name:** EMPIRE REGENCY HOSPITALITY LLC
- **Address:** 219 Littleton Road, Westford, MA, 01886
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $232K (42%)
- **Forgiveness date:** 02/16/2023
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $427K
- **Rent:** $95K
- **Utilities:** $16K
- **Health care:** $16K
- **Jobs reported:** 74
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*