# PPP loan: BPG HOTEL PARTNERS VII, LLC
> **$498K** approved 04/06/2020 · Paid in Full · Loan `6230227004`
## Borrower
- **Name:** BPG HOTEL PARTNERS VII, LLC
- **Address:** 44610 WAXPOOL RD, ASHBURN, VA, 20147-6924
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Jobs reported:** 60
## 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*