# PPP loan: PALMDALE HOSPITALITY LP
> **$180K** approved 04/09/2020 · Paid in Full · Loan `9236457008`
## Borrower
- **Name:** PALMDALE HOSPITALITY LP
- **Address:** 39325 TRADE CENTER DR, PALMDALE, CA, 93551-3659
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $20K
- **Utilities:** $25K
- **Jobs reported:** 31
## Lender
- **Originating:** Herring Bank
- **Servicing:** Herring Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*