# PPP loan: MERANI HOSPITALITY INC.
> **$860K** approved 02/12/2021 · Paid in Full · Loan `7775588400`
## Borrower
- **Name:** MERANI HOSPITALITY INC.
- **Address:** 401 Buffalo Ave, Niagara Falls, NY, 14303-1318
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $860K
- **Initial approval:** $860K
- **Forgiven:** $867K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $860K
- **Utilities:** $1
- **Jobs reported:** 79
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*