# PPP loan: SALEM HOTEL INVESTORS LLC
> **$232K** approved 04/11/2020 · Paid in Full · Loan `2868177101`
## Borrower
- **Name:** SALEM HOTEL INVESTORS LLC
- **Address:** 510 Hawthorn Ave, Salem, OR, 97301-5085
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 36
## Lender
- **Originating:** Pioneer Trust Bank, National Association
- **Servicing:** Pioneer Trust Bank, National Association (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*