# PPP loan: AMERITEL INNS, INC.
> **$262K** approved 04/28/2020 · Paid in Full · Loan `8644027209`
## Borrower
- **Name:** AMERITEL INNS, INC.
- **Address:** 10200 W EMERALD ST. SUITE 104, BOISE, ID, 83704
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $196K
- **Mortgage interest:** $33K
- **Utilities:** $33K
- **Jobs reported:** 40
## Lender
- **Originating:** D. L. Evans Bank
- **Servicing:** D. L. Evans Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*