# PPP loan: GCP NEWTON HOTEL LP
> **$420K** approved 04/08/2020 · Paid in Full · Loan `8246287004`
## Borrower
- **Name:** GCP NEWTON HOTEL LP
- **Address:** 320 WASHINGTON ST, NEWTON, MA, 02458-1619
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 57
## Lender
- **Originating:** UniBank for Savings
- **Servicing:** UniBank for Savings (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*