# PPP loan: LAKE GUNTERSVILLE HOTEL LLC
> **$165K** approved 04/13/2020 · Paid in Full · Loan `4369037110`
## Borrower
- **Name:** LAKE GUNTERSVILLE HOTEL LLC
- **Address:** 14451 US Highway 431, GUNTERSVILLE, AL, 35976
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 03/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Utilities:** $41K
- **Jobs reported:** 32
## Lender
- **Originating:** Peoples Bank of Alabama
- **Servicing:** Peoples Bank of Alabama (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*