# PPP loan: CANTILEVER HOTELS, L.L.C.
> **$182K** approved 04/29/2020 · Paid in Full · Loan `4390837304`
## Borrower
- **Name:** CANTILEVER HOTELS, L.L.C.
- **Address:** 921 EAST 2ND AVE, CORALVILLE, IA, 52241-2205
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Mortgage interest:** $36K
- **Utilities:** $9K
- **Jobs reported:** 41
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*