# PPP loan: EXCELSIOR INNS, INC.
> **$288K** approved 01/16/2021 · Paid in Full · Loan `1053358304`
## Borrower
- **Name:** EXCELSIOR INNS, INC.
- **Address:** 754 E 13th Ave, Eugene, OR, 97401-3743
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $288K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Summit Bank
- **Servicing:** Summit Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*