# PPP loan: EAGLE RIDGE HOSPITALITY, LLC
> **$1.60M** approved 04/07/2020 · Paid in Full · Loan `7075417006`
## Borrower
- **Name:** EAGLE RIDGE HOSPITALITY, LLC
- **Address:** 444 EAGLE RIDGE DR, GALENA, IL, 61036-7805
- **NAICS:** 713910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.60M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Mortgage interest:** $200K
- **Utilities:** $51K
- **Debt interest:** $150K
- **Jobs reported:** 315
## Lender
- **Originating:** Dupaco Community CU
- **Servicing:** Dupaco Community CU (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*