# PPP loan: MIDAMERICA HOTELS CORPORATION
> **$6.38M** approved 04/06/2020 · Paid in Full · Loan `5797887010`
## Borrower
- **Name:** MIDAMERICA HOTELS CORPORATION
- **Address:** 105 S MOUNT AUBURN ROAD, CAPE GIRARDEAU, MO, 63703-4915
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.38M
- **Initial approval:** $6.38M
- **Forgiven:** $6.44M (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.89M
- **Mortgage interest:** $90K
- **Utilities:** $400K
- **Jobs reported:** 500
## Lender
- **Originating:** The Bank of Missouri
- **Servicing:** The Bank of Missouri (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*