# PPP loan: 1ST & MAIN HOSPITALITY, LLC
> **$200K** approved 04/08/2020 · Paid in Full · Loan `7875987000`
## Borrower
- **Name:** 1ST & MAIN HOSPITALITY, LLC
- **Address:** 17 S Dubuque St, IOWA CITY, IA, 52240
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $5K
- **Mortgage interest:** $20K
- **Utilities:** $9K
- **Jobs reported:** 35
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*