# PPP loan: SPINNERSTOWN HOTEL, INC.
> **$181K** approved 04/09/2020 · Paid in Full · Loan `1002177106`
## Borrower
- **Name:** SPINNERSTOWN HOTEL, INC.
- **Address:** PO BOX 111, SPINNERSTOWN, PA, 18968-0111
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Jobs reported:** 22
## Lender
- **Originating:** QNB Bank
- **Servicing:** QNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*