# PPP loan: AREP I PM HOTEL OWNER LP
> **$546K** approved 06/28/2020 · Paid in Full · Loan `5402138000`
## Borrower
- **Name:** AREP I PM HOTEL OWNER LP
- **Address:** 640 Fountain Road, Plymouth Meeting, PA, 19462-1306
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $546K
- **Initial approval:** $546K
- **Forgiven:** $556K (102%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $546K
- **Jobs reported:** 81
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*