# PPP loan: 513 HOTEL OPERATING LLC
> **$846K** approved 03/04/2021 · Paid in Full · Loan `6570968507`
## Borrower
- **Name:** 513 HOTEL OPERATING LLC
- **Address:** 2886 S Circle Dr, Colorado Springs, CO, 80906-4111
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $846K
- **Initial approval:** $846K
- **Forgiven:** $850K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $846K
- **Utilities:** $1
- **Jobs reported:** 108
## Lender
- **Originating:** Frost Bank
- **Servicing:** Frost Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*