# PPP loan: PINECREST HOTEL LLC
> **$198K** approved 04/14/2020 · Paid in Full · Loan `7986367103`
## Borrower
- **Name:** PINECREST HOTEL LLC
- **Address:** 909 West Linden Avenue, Rochester, NY, 14625
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $111K
- **Mortgage interest:** $60K
- **Utilities:** $23K
- **Health care:** $5K
- **Jobs reported:** 31
## 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*