# PPP loan: SADSBURYVILLE HOTEL INC
> **$196K** approved 04/28/2020 · Paid in Full · Loan `6572977202`
## Borrower
- **Name:** SADSBURYVILLE HOTEL INC
- **Address:** 2949 Lincoln Highway, Coatesville, PA, 19320-2428
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Jobs reported:** 45
## 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*