# PPP loan: URGO HOTELS LP
> **$616K** approved 02/19/2021 · Paid in Full · Loan `1486148502`
## Borrower
- **Name:** URGO HOTELS LP
- **Address:** 6710A Rockledge Dr Ste 420, Bethesda, MD, 20817-2844
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $616K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*