# PPP loan: ROEDEL PARTNERS OF SARANAC LAKE II LLC
> **$481K** approved 04/11/2020 · Exemption 4 · Loan `3120257106`
## Borrower
- **Name:** ROEDEL PARTNERS OF SARANAC LAKE II LLC
- **Address:** 1134 GIBBONS HWY PO BOX 598, WILTON, NH, 03086-5630
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $481K
- **Initial approval:** $481K
- **Forgiven:** $408K (85%)
- **Forgiveness date:** 11/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $361K
- **Mortgage interest:** $68K
- **Utilities:** $52K
- **Jobs reported:** 11
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*