# PPP loan: PAN AMERICAN HOTEL LLC
> **$290K** approved 03/25/2021 · Paid in Full · Loan `8500348600`
## Borrower
- **Name:** PAN AMERICAN HOTEL LLC
- **Address:** 5901 Ocean Ave, Wildwood Crest, NJ, 08260-4227
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 08/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $290K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** The First National Bank of Elmer
- **Servicing:** The First National Bank of Elmer (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*