# PPP loan: WEST HOLLYWOOD HOTEL LLC
> **$6.23M** approved 04/15/2020 · Exemption 4 · Loan `9247267103`
## Borrower
- **Name:** WEST HOLLYWOOD HOTEL LLC
- **Address:** 40 West 57th Street, New York, NY, 10019
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $6.23M
- **Initial approval:** $6.23M
- **Forgiven:** $6.01M (97%)
- **Forgiveness date:** 05/12/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $4.67M
- **Mortgage interest:** $1.56M
- **Jobs reported:** 401
## 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*