# PPP loan: LEXINGTON RESIDENCE HOTEL INC
> **$238K** approved 05/26/2021 · Paid in Full · Loan `7748799002`
## Borrower
- **Name:** LEXINGTON RESIDENCE HOTEL INC
- **Address:** 120 E 31st St Front Office, New York, NY, 10016-6809
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $238K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** The Enterprise Center Capital Corporation
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*