# PPP loan: HARRISON INN 18 MANAGEMENT ENTERPRISES, INC.
> **$547K** approved 04/15/2020 · Paid in Full · Loan `8285197102`
## Borrower
- **Name:** HARRISON INN 18 MANAGEMENT ENTERPRISES, INC.
- **Address:** 1701 Atlantic Avenue, Ocean City, MD, 21842
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Mortgage interest:** $137K
- **Health care:** $43K
- **Jobs reported:** 101
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*