# PPP loan: PACIFIC HOTEL DEVELOPMENT VENTURE, L.P.
> **$2.17M** approved 04/28/2020 · Paid in Full · Loan `6522017209`
## Borrower
- **Name:** PACIFIC HOTEL DEVELOPMENT VENTURE, L.P.
- **Address:** 625 El Camino Real, Palo Alto, CA, 94301
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.17M
- **Initial approval:** $2.17M
- **Forgiven:** $2.20M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.17M
- **Jobs reported:** 188
## 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*