# PPP loan: HOTEL2 SUITES LLC
> **$315K** approved 04/12/2020 · Paid in Full · Loan `3991707105`
## Borrower
- **Name:** HOTEL2 SUITES LLC
- **Address:** 988 VIA SAN CLEMENTE, MONTEBELLO, CA, 90640-1610
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $325K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Rent:** $44K
- **Utilities:** $15K
- **Health care:** $20K
- **Jobs reported:** 49
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*