# PPP loan: CARMEL HOTEL PROPERTIES LLC
> **$842K** approved 01/29/2021 · Paid in Full · Loan `8703848303`
## Borrower
- **Name:** CARMEL HOTEL PROPERTIES LLC
- **Address:** Camino Real & 8th Avenue, Carmel-by-the-Sea, CA, 93921
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $842K
- **Initial approval:** $842K
- **Forgiven:** $850K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $842K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*