# PPP loan: KRMM HOSPITALITY
> **$774K** approved 04/06/2020 · Paid in Full · Loan `5650067006`
## Borrower
- **Name:** KRMM HOSPITALITY
- **Address:** 2173 230TH AVE, MILFORD, IA, 51351-7181
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $774K
- **Initial approval:** $774K
- **Forgiven:** $783K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $658K
- **Rent:** $77K
- **Utilities:** $39K
- **Jobs reported:** 225
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*