# PPP loan: MAJESTIC HOSPITALITY, LLC
> **$270K** approved 04/15/2020 · Paid in Full · Loan `9635047109`
## Borrower
- **Name:** MAJESTIC HOSPITALITY, LLC
- **Address:** 22 Century Hill Drive SUITE 301, LATHAM, NY, 12110-2137
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $197K
- **Mortgage interest:** $26K
- **Utilities:** $41K
- **Health care:** $6K
- **Jobs reported:** 39
## 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*