# PPP loan: KOP HOTEL XXXI OWNER, LP
> **$908K** approved 04/06/2020 · Paid in Full · Loan `6012527002`
## Borrower
- **Name:** KOP HOTEL XXXI OWNER, LP
- **Address:** 258 & 260 MALL BLVD, KING OF PRUSSIA, PA, 19406-2902
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $908K
- **Initial approval:** $908K
- **Forgiven:** $916K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $908K
- **Jobs reported:** 91
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*