# PPP loan: TRAVEL TRADERS HOTELS INC
> **$6.75M** approved 04/07/2020 · Exemption 4 · Loan `7071767009`
## Borrower
- **Name:** TRAVEL TRADERS HOTELS INC
- **Address:** 6205 BLUE LAGOON DR, MIAMI, FL, 33126-6013
- **NAICS:** 453220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.75M
- **Initial approval:** $6.75M
- **Forgiven:** $5.63M (83%)
- **Forgiveness date:** 01/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $6.75M
- **Jobs reported:** 500
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*