# PPP loan: MONTEREY COUNTY HOTEL PROPERTY LLC
> **$261K** approved 02/18/2021 · Paid in Full · Loan `9861338401`
## Borrower
- **Name:** MONTEREY COUNTY HOTEL PROPERTY LLC
- **Address:** 4th & San Carlos St, Carmel-by-the-Sea, CA, 93921
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*