# PPP loan: INNKEEPER PROPERTIES INC
> **$636K** approved 01/20/2021 · Paid in Full · Loan `1866318300`
## Borrower
- **Name:** INNKEEPER PROPERTIES INC
- **Address:** 3810 N Elm St Ste 202, Greensboro, NC, 27455-2726
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $636K
- **Initial approval:** $636K
- **Forgiven:** $642K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $636K
- **Utilities:** $1
- **Jobs reported:** 120
## Lender
- **Originating:** First Carolina Bank
- **Servicing:** First Carolina Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*