# PPP loan: CARY HOTELS, LLC
> **$178K** approved 04/27/2020 · Paid in Full · Loan `5797717201`
## Borrower
- **Name:** CARY HOTELS, LLC
- **Address:** 300 AIRGATE DR, MORRISVILLE, NC, 27560-8492
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Mortgage interest:** $28K
- **Utilities:** $8K
- **Jobs reported:** 35
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*