# PPP loan: SPRING MOUNTAIN HOTEL LLC
> **$1.36M** approved 04/28/2020 · Exemption 4 · Loan `6727017202`
## Borrower
- **Name:** SPRING MOUNTAIN HOTEL LLC
- **Address:** 663 Jade Way, FAIRFIELD, CA, 94534
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $525K (39%)
- **Forgiveness date:** 10/06/2021
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Jobs reported:** 226
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*