# PPP loan: MODESTO HOSPITALITY, LLC
> **$1.07M** approved 04/08/2020 · Paid in Full · Loan `8785767005`
## Borrower
- **Name:** MODESTO HOSPITALITY, LLC
- **Address:** 1150 9th Street 0.0, Modesto, CA, 95354-0823
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $754K
- **Mortgage interest:** $212K
- **Utilities:** $56K
- **Health care:** $50K
- **Jobs reported:** 121
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*