# PPP loan: WATERFORD HOTEL
> **$160K** approved 02/17/2021 · Paid in Full · Loan `9504968404`
## Borrower
- **Name:** WATERFORD HOTEL
- **Address:** 4350 Pontiac Lake Rd, Waterford, MI, 48328-1264
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Farmers State Bank of Alto Pass, Illinois
- **Servicing:** Farmers State Bank of Alto Pass, Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*