# PPP loan: NAPA HOTEL IVY, INC.
> **$230K** approved 04/06/2020 · Paid in Full · Loan `6305907002`
## Borrower
- **Name:** NAPA HOTEL IVY, INC.
- **Address:** 4715 SOLANO AVE, NAPA, CA, 94558-2233
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Jobs reported:** 30
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*