# PPP loan: COVENANT HOSPITALITY INC
> **$198K** approved 04/14/2020 · Paid in Full · Loan `6498527110`
## Borrower
- **Name:** COVENANT HOSPITALITY INC
- **Address:** 3917 OLD US HIGHWAY 27, GAYLORD, MI, 49735-8438
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 40
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*