# PPP loan: GATEWAY HOTEL, LLC
> **$509K** approved 04/09/2020 · Paid in Full · Loan `9213507007`
## Borrower
- **Name:** GATEWAY HOTEL, LLC
- **Address:** 16475 E  40TH CIR, AURORA, CO, 80011-0802
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $509K
- **Initial approval:** $509K
- **Forgiven:** $515K (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $404K
- **Mortgage interest:** $69K
- **Utilities:** $35K
- **Jobs reported:** 61
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*