PPP Loan information for Gulf beach hotel

$1,714,936

Gulf beach hotel was initially approved for PPP Loan of amount $1,714,936, the current approved amount is $1,714,936. The loan was approved on 04/06/2020 by The Bryant Bank reported 326 jobs and $1,714,936 was used to fund payroll.

Gulf beach hotel is Existing or more than 2 years old

GULF BEACH HOTEL

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

GULF BEACH HOTEL

Borrower Address

27200 Perdido Beach Blvd

Borrower City

ORANGE BEACH

Borrower State

AL

Borrower Zip

36561-3205

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1714936.07

Current Approval Amount

1714936.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGE BEACH

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-3205

CD

AL-01

Jobs Reported

326

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1714936.07

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1731561.42

Forgiveness Date

03/30/2021

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