# PPP loan: HOSPITALITY DEVELOPMENT COMPANY III LLC
> **$274K** approved 03/08/2021 · Paid in Full · Loan `7956958501`
## Borrower
- **Name:** HOSPITALITY DEVELOPMENT COMPANY III LLC
- **Address:** 8850 Columbia 100 Pkwy Ste 212, Columbia, MD, 21045-2376
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $275K (101%)
- **Forgiveness date:** 10/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*