PPP Loan information for Hangout in gulf shores llc

$2,000,000

Hangout in gulf shores llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The Hancock Whitney Bank reported 151 jobs and $2,000,000 was used to fund payroll.

Hangout in gulf shores llc is Existing or more than 2 years old

PPP Loan Search / AL / Gulf Shores / Hangout in gulf shores llc

HANGOUT IN GULF SHORES LLC

Date Approved

01/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

HANGOUT IN GULF SHORES LLC

Borrower Address

101 E Beach Blvd

Borrower City

Gulf Shores

Borrower State

AL

Borrower Zip

36542-6548

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gulf Shores

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-6548

CD

AL-01

Jobs Reported

151

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024611.11

Forgiveness Date

04/18/2022

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