# PPP loan: SILVER SPRING HOTEL ASSOCIATES LLC
> **$506K** approved 01/28/2021 · Paid in Full · Loan `7574848301`
## Borrower
- **Name:** SILVER SPRING HOTEL ASSOCIATES LLC
- **Address:** 8506 Fenton St, Silver Spring, MD, 20910-4470
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $506K
- **Initial approval:** $506K
- **Forgiven:** $511K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $506K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** Community Banks of Colorado, A Division of
- **Servicing:** Community Banks of Colorado, A Division of (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*