# PPP loan: BARCLAY HOTEL CORPORATION
> **$275K** approved 03/02/2021 · Paid in Full · Loan `5857068500`
## Borrower
- **Name:** BARCLAY HOTEL CORPORATION
- **Address:** 809 Atlantic Ave, Virginia Beach, VA, 23451-3527
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (100%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $275K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*