# PPP loan: JELMS HOTEL COMPANY LP
> **$754K** approved 01/19/2021 · Paid in Full · Loan `1667348306`
## Borrower
- **Name:** JELMS HOTEL COMPANY LP
- **Address:** 1965 Waddle Rd, State College, PA, 16803-1639
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $754K
- **Initial approval:** $754K
- **Forgiven:** $759K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $754K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Old Dominion National Bank
- **Servicing:** Old Dominion National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*