# PPP loan: GUAM REEF HOTEL, INC.
> **$1.31M** approved 04/30/2020 · Paid in Full · Loan `5928987300`
## Borrower
- **Name:** GUAM REEF HOTEL, INC.
- **Address:** 1317 Pale San Vitores Rd, Tamuning, GU, 96913-4210
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $3.27M
- **Forgiven:** $1.12M (86%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Jobs reported:** 137
## Lender
- **Originating:** First Hawaiian Bank
- **Servicing:** First Hawaiian Bank (HI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*