# PPP loan: NEWBURG HOSPITALITY LLC
> **$244K** approved 03/09/2021 · Paid in Full · Loan `8335048501`
## Borrower
- **Name:** NEWBURG HOSPITALITY LLC
- **Address:** 1921 Bishop Ln, Louisville, KY, 40218-1901
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 19
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*