# PPP loan: VALLEY HO HOTELS, INC. DBA KINGS INN HOTEL & GRILLE
> **$627K** approved 04/16/2020 · Paid in Full · Loan `2853157201`
## Borrower
- **Name:** VALLEY HO HOTELS, INC. DBA KINGS INN HOTEL & GRILLE
- **Address:** 1333 HOTEL CIR S, SAN DIEGO, CA, 92108
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $632K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Utilities:** $56K
- **Health care:** $59K
- **Jobs reported:** 100
## 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*