# PPP loan: VERO HOTEL LLC
> **$1.47M** approved 02/12/2021 · Paid in Full · Loan `7503138401`
## Borrower
- **Name:** VERO HOTEL LLC
- **Address:** 3500 Ocean Dr, Vero Beach, FL, 32963-1621
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.47M
- **Initial approval:** $1.47M
- **Forgiven:** $1.48M (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.47M
- **Jobs reported:** 107
## Lender
- **Originating:** BankFlorida
- **Servicing:** BankFlorida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*