# PPP loan: JOLLY HOTELS USA, INC
> **$342K** approved 07/24/2020 · Paid in Full · Loan `8012778100`
## Borrower
- **Name:** JOLLY HOTELS USA, INC
- **Address:** 22 E 38TH ST, NEW YORK, NY, 10016-2502
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $345K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $342K
- **Jobs reported:** 17
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*