# PPP loan: GAINESVILLE DOWNTOWN INN VENTURE, LTD
> **$224K** approved 04/08/2020 · Paid in Full · Loan `8027117010`
## Borrower
- **Name:** GAINESVILLE DOWNTOWN INN VENTURE, LTD
- **Address:** 1250 W UNIVERSITY AVE, GAINESVILLE, FL, 32601-5118
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 36
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*