# PPP loan: CUSTOM HOUSE HOTEL, L.P. DBA PORTOLA HOTEL & SPA
> **$3.09M** approved 05/01/2020 · Paid in Full · Loan `2252257702`
## Borrower
- **Name:** CUSTOM HOUSE HOTEL, L.P. DBA PORTOLA HOTEL & SPA
- **Address:** 2 PORTOLA PLZ, MONTEREY, CA, 93940
- **NAICS:** 721191
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.09M
- **Initial approval:** $3.09M
- **Forgiven:** $1.13M (36%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.47M
- **Mortgage interest:** $244K
- **Utilities:** $155K
- **Health care:** $218K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*