# PPP loan: MOTEL NORTH CONWAY INC.
> **$160K** approved 02/04/2021 · Paid in Full · Loan `3203218401`
## Borrower
- **Name:** MOTEL NORTH CONWAY INC.
- **Address:** 2001 White Mountain Highway, North Conway, NH, 03860
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 22
## Lender
- **Originating:** Northway Bank
- **Servicing:** Northway Bank (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*