# PPP loan: SCALZO HOSPITALITY INC.
> **$1.34M** approved 04/29/2020 · Exemption 4 · Loan `4195897305`
## Borrower
- **Name:** SCALZO HOSPITALITY INC.
- **Address:** 1330 INDUSTRIAL BLVD, MINNEAPOLIS, MN, 55413-1703
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.09M (82%)
- **Forgiveness date:** 09/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.34M
- **Jobs reported:** 171
## Lender
- **Originating:** Village Bank
- **Servicing:** Village Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*