# PPP loan: PROCACCIANTI HOTEL REIT L.P.
> **$406K** approved 02/13/2021 · Paid in Full · Loan `8357618409`
## Borrower
- **Name:** PROCACCIANTI HOTEL REIT L.P.
- **Address:** 1140 Reservoir Ave, Cranston, RI, 02920-6032
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $406K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Rockland Trust Company
- **Servicing:** Rockland Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*