# PPP loan: DALY HOTEL MANAGEMENT
> **$1.75M** approved 01/25/2021 · Paid in Full · Loan `5502328300`
## Borrower
- **Name:** DALY HOTEL MANAGEMENT
- **Address:** 724 S Van Buren Rd, Eden, NC, 27288-5322
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.75M
- **Utilities:** $1
- **Jobs reported:** 207
## Lender
- **Originating:** Community State Bank of Missouri
- **Servicing:** Community State Bank of Missouri (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*