# PPP loan: CHI HOSPITALITY GROUP, INC
> **$550K** approved 04/14/2020 · Paid in Full · Loan `7161267103`
## Borrower
- **Name:** CHI HOSPITALITY GROUP, INC
- **Address:** 112 SE M ST, GRANTS PASS, OR, 97526-3115
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $537K
- **Rent:** $5K
- **Utilities:** $8K
- **Jobs reported:** 110
## Lender
- **Originating:** Evergreen Federal Bank
- **Servicing:** Evergreen Federal Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*