# PPP loan: PCH HOTELS AND RESORTS INC
> **$9.50M** approved 04/15/2020 · Paid in Full · Loan `9158807108`
## Borrower
- **Name:** PCH HOTELS AND RESORTS INC
- **Address:** 11 NORTH WATER STREET STE 8290, MOBILE, AL, 36602-5008
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $9.50M
- **Initial approval:** $1.01M
- **Forgiven:** $9.61M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $9.50M
- **Jobs reported:** 500
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*