# PPP loan: GALLOPING HILL INN
> **$320K** approved 02/19/2021 · Paid in Full · Loan `1495068504`
## Borrower
- **Name:** GALLOPING HILL INN
- **Address:** 325 Chestnut St, Union, NJ, 07083-9425
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $323K (101%)
- **Forgiveness date:** 12/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*