# PPP loan: CAPITAL RIDGE HOTEL AUSTIN LP
> **$696K** approved 04/16/2020 · Paid in Full · Loan `2998457209`
## Borrower
- **Name:** CAPITAL RIDGE HOTEL AUSTIN LP
- **Address:** 320 S. Capital of Texas Hwy Bldg B, AUSTIN, TX, 78746
- **NAICS:** 721110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $696K
- **Initial approval:** $696K
- **Forgiven:** $38K (6%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Utilities:** $174K
- **Jobs reported:** 47
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*