# PPP loan: 7 DRAYTON STREET HOTEL MT LLC
> **$631K** approved 04/07/2020 · Paid in Full · Loan `7204427006`
## Borrower
- **Name:** 7 DRAYTON STREET HOTEL MT LLC
- **Address:** 7 Drayton Street, SAVANNAH, GA, 31401-2709
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $631K
- **Initial approval:** $631K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $505K
- **Rent:** $63K
- **Utilities:** $63K
- **Jobs reported:** 77
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*