PPP Loan information for Ocean drive beach and golf resort

$270,800

Ocean drive beach and golf resort was initially approved for PPP Loan of amount $270,800, the current approved amount is $270,800. The loan was approved on 04/29/2020 by The South Atlantic Bank reported 65 jobs and $270,800 was used to fund payroll.

Ocean drive beach and golf resort is Existing or more than 2 years old

OCEAN DRIVE BEACH AND GOLF RESORT

Date Approved

04/29/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

OCEAN DRIVE BEACH AND GOLF RESORT

Borrower Address

2859 HIGHWAY 111

Borrower City

LITTLE RIVER

Borrower State

SC

Borrower Zip

29566-8324

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270800.00

Current Approval Amount

270800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452235

Servicing Lender Name

South Atlantic Bank

Servicing Lender Address

630 29th Ave N

Servicing Lender City

MYRTLE BEACH

Servicing Lender State

SC

Servicing Lender Zip

29577-3169

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITTLE RIVER

Project County Name

HORRY

Project State

SC

Project Zip

29566-8324

CD

SC-07

Jobs Reported

65

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270800.00

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

Sole Proprietorship

Originating Lender Location Id

452235

Originating Lender

South Atlantic Bank

Originating Lender City

MYRTLE BEACH

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

272552.68

Forgiveness Date

12/31/2020

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