# PPP loan: MERANI HOTEL GROUP, INC.
> **$256K** approved 04/28/2020 · Paid in Full · Loan `8750167209`
## Borrower
- **Name:** MERANI HOTEL GROUP, INC.
- **Address:** 7001 Buffalo Ave, NIAGARA FALLS, NY, 14304
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $256K
- **Jobs reported:** 13
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*