# PPP loan: LOWELL HOTEL ASSOCIATES
> **$1.73M** approved 05/03/2020 · Paid in Full · Loan `9931377304`
## Borrower
- **Name:** LOWELL HOTEL ASSOCIATES
- **Address:** 28 E 63RD ST, NEW YORK, NY, 10065-8027
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.20M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.73M
- **Jobs reported:** 173
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*