# PPP loan: PORTLAND PLACE HOTEL, LLC
> **$678K** approved 04/08/2020 · Exemption 4 · Loan `7763977003`
## Borrower
- **Name:** PORTLAND PLACE HOTEL, LLC
- **Address:** 210 East Catalina Dr, PHOENIX, AZ, 85012-3045
- **NAICS:** 721120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $678K
- **Initial approval:** $678K
- **Forgiven:** $625K (92%)
- **Forgiveness date:** 03/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $678K
- **Jobs reported:** 100
## Lender
- **Originating:** FirstBank
- **Servicing:** FirstBank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*