# PPP loan: BAILEY HOTEL 2 INC.
> **$239K** approved 02/26/2021 · Paid in Full · Loan `4516118510`
## Borrower
- **Name:** BAILEY HOTEL 2 INC.
- **Address:** 849 Hambley Blvd, Pikeville, KY, 41501-9115
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $239K
- **Initial approval:** $239K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $239K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Community Trust Bank, Inc.
- **Servicing:** Community Trust Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*