# PPP loan: WILLAIMSBURG HOTEL CORPORATION
> **$788K** approved 01/31/2021 · Exemption 4 · Loan `9671418302`
## Borrower
- **Name:** WILLAIMSBURG HOTEL CORPORATION
- **Address:** 510 E Il Route 83, Mundelein, IL, 60060-4237
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $788K
- **Initial approval:** $788K
- **Forgiven:** $634K (80%)
- **Forgiveness date:** 09/22/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $788K
- **Utilities:** $1
- **Jobs reported:** 86
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*