# PPP loan: PARK HOTEL INC.
> **$1.10M** approved 01/21/2021 · Paid in Full · Loan `2762418306`
## Borrower
- **Name:** PARK HOTEL INC.
- **Address:** 22 S Carroll St, Madison, WI, 53703-3309
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $707K (64%)
- **Forgiveness date:** 05/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.10M
- **Utilities:** $1
- **Jobs reported:** 120
## Lender
- **Originating:** The Park Bank
- **Servicing:** The Park Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*