# PPP loan: PARAMOUNT HOTEL LIMITED PARTNERSHIP
> **$706K** approved 04/06/2020 · Paid in Full · Loan `6048427009`
## Borrower
- **Name:** PARAMOUNT HOTEL LIMITED PARTNERSHIP
- **Address:** 1635 43rd St S, Suite 305, FARGO, ND, 58103-3317
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $706K
- **Initial approval:** $706K
- **Forgiven:** $712K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $565K
- **Mortgage interest:** $67K
- **Utilities:** $75K
- **Jobs reported:** 178
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*