# PPP loan: WHYHOTEL, INC
> **$1.18M** approved 04/13/2020 · Paid in Full · Loan `4318637102`
## Borrower
- **Name:** WHYHOTEL, INC
- **Address:** 1140 3rd Street NE Suite B, WASHINGTON, DC, 20002-3406
- **NAICS:** 721199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.18M
- **Initial approval:** $1.18M
- **Forgiven:** $1.20M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.18M
- **Jobs reported:** 48
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*