# PPP loan: HENDRICKS HOTEL LLC
> **$557K** approved 03/08/2021 · Charged Off · Loan `7847848504`
## Borrower
- **Name:** HENDRICKS HOTEL LLC
- **Address:** 25 W 38th St, New York, NY, 10018-5505
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $557K
- **Initial approval:** $557K
- **Forgiven:** $457K (82%)
- **Forgiveness date:** 02/01/2022
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $557K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*