# PPP loan: SOUTH CAP HOSPITALITY
> **$262K** approved 04/15/2020 · Paid in Full · Loan `8570537107`
## Borrower
- **Name:** SOUTH CAP HOSPITALITY
- **Address:** 2015 LAWRENCE ST NE, WASHINGTON, DC, 20018-2832
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Jobs reported:** 29
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*