# PPP loan: KBS HOTEL GROUP LLC
> **$277K** approved 01/19/2021 · Paid in Full · Loan `1750808303`
## Borrower
- **Name:** KBS HOTEL GROUP LLC
- **Address:** 2232 Center St, Chattanooga, TN, 37421-2501
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $279K (101%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $277K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Southern States Bank
- **Servicing:** Southern States Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*