# PPP loan: LAKE PLACID HOTEL PARTNERS, LLC
> **$319K** approved 04/09/2020 · Paid in Full · Loan `9816737005`
## Borrower
- **Name:** LAKE PLACID HOTEL PARTNERS, LLC
- **Address:** 850 RIDGE LAKE BLVD Suite 401, MEMPHIS, TN, 38120-9408
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $319K
- **Initial approval:** $319K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $319K
- **Jobs reported:** 34
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*