# PPP loan: CLEVELAND CBD HOTEL LLC D/B/A GATEWAY CLEVELAND HOTEL
> **$234K** approved 04/14/2020 · Exemption 4 · Loan `7849867104`
## Borrower
- **Name:** CLEVELAND CBD HOTEL LLC D/B/A GATEWAY CLEVELAND HOTEL
- **Address:** 1 POST OFFICE SQ STE 1950, BOSTON, MA, 02109-2120
- **NAICS:** 531210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $175K (75%)
- **Forgiveness date:** 05/20/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 30
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*