# PPP loan: ICONIC COPLEY PLAZA HOTEL LLC
> **$5.50M** approved 04/15/2020 · Paid in Full · Loan `8426367110`
## Borrower
- **Name:** ICONIC COPLEY PLAZA HOTEL LLC
- **Address:** 150 E. 58th Street 39th Floor, NEW YORK, NY, 10155
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.50M
- **Initial approval:** $5.50M
- **Forgiven:** $3.23M (59%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 35 months
## Use of funds
- **Payroll:** $5.50M
- **Jobs reported:** 300
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*