# PPP loan: TELL CITY HOSPITALITY INC.
> **$186K** approved 02/08/2021 · Paid in Full · Loan `5189458405`
## Borrower
- **Name:** TELL CITY HOSPITALITY INC.
- **Address:** 706 Humboldt St, Tell City, IN, 47586-2251
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $187K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $186K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*