# PPP loan: IWF HOTEL HERMOSA LP
> **$173K** approved 02/04/2021 · Paid in Full · Loan `2854048408`
## Borrower
- **Name:** IWF HOTEL HERMOSA LP
- **Address:** 2515 Pacific Coast Hwy, Hermosa Beach, CA, 90254-2754
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*