47TH HOTEL ASSOCIATES LLC (NY) - 2020 PPP Loan Borrower Profile (# 5302437700)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 47TH HOTEL ASSOCIATES LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

5302437700

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$798,590

Date Loan was Approved

May 1, 2020

Amount Forgiven

$809,507.71

Date Loan was Forgiven

Sep 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

798,590

Lender

Bank of America, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

NEW YORK, NY

Project Location

NEW YORK, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.