# PPP loan: PALMETTO HOSPITALITY OF WASHINGTON DC IV LLC
> **$505K** approved 02/26/2021 · Paid in Full · Loan `4527858504`
## Borrower
- **Name:** PALMETTO HOSPITALITY OF WASHINGTON DC IV LLC
- **Address:** 100 Dunbar St Ste 402, Spartanburg, SC, 29306-5189
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $505K
- **Initial approval:** $505K
- **Forgiven:** $507K (100%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $505K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*