# PPP loan: SPRING VALLEY HOTEL LP
> **$312K** approved 02/04/2021 · Paid in Full · Loan `2883318405`
## Borrower
- **Name:** SPRING VALLEY HOTEL LP
- **Address:** 707 Eagleview Blvd, Exton, PA, 19341-1159
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $312K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*