# PPP loan: SOUTH PERKASIE HOTEL INC
> **$307K** approved 04/27/2020 · Paid in Full · Loan `4168197203`
## Borrower
- **Name:** SOUTH PERKASIE HOTEL INC
- **Address:** 501 East Walnut St, PERKASIE, PA, 18944-1914
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 99
## Lender
- **Originating:** Penn Community Bank
- **Servicing:** Penn Community Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*