# PPP loan: STEVE HERMANN HOTELS LLC
> **$495K** approved 01/25/2021 · Paid in Full · Loan `5513878307`
## Borrower
- **Name:** STEVE HERMANN HOTELS LLC
- **Address:** 1050 E Palm Canyon Dr, Palm Springs, CA, 92264-9169
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $494K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** MidFirst Bank
- **Servicing:** MidFirst Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*