# PPP loan: INNKEEPER MOTOR LODGE WEST INC.
> **$223K** approved 04/13/2020 · Paid in Full · Loan `4957097102`
## Borrower
- **Name:** INNKEEPER MOTOR LODGE WEST INC.
- **Address:** 3810 N Elm St. Ste 202, GREENSBORO, NC, 27455-2596
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Mortgage interest:** $11K
- **Utilities:** $43K
- **Health care:** $2K
- **Jobs reported:** 60
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*