# PPP loan: COMMERCE CENTER HOTEL OPCO, LLC
> **$434K** approved 04/08/2020 · Paid in Full · Loan `7874327010`
## Borrower
- **Name:** COMMERCE CENTER HOTEL OPCO, LLC
- **Address:** 7290 COMMERCE CENTER DR, COLORADO SPRINGS, CO, 80919-2629
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $434K
- **Jobs reported:** 77
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*