# PPP loan: HOTEL DEVCO, LLC
> **$314K** approved 04/15/2020 · Paid in Full · Loan `9233067101`
## Borrower
- **Name:** HOTEL DEVCO, LLC
- **Address:** 4 Clinton Square, Syracuse, NY, 13202
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $39K
- **Health care:** $15K
- **Jobs reported:** 64
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*