Date Approved
04/13/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
RESORT RECREATION CENTER, INC.
Borrower Address
3200 Gulf Shores Parkway
Borrower City
GULF SHORES
Borrower State
AL
Borrower Zip
36542-2806
Loan Status Date
12/16/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
441432.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66985
Servicing Lender Name
Mountain Commerce Bank
Servicing Lender Address
6101 Kingston Pk
Servicing Lender City
KNOXVILLE
Servicing Lender State
TN
Servicing Lender Zip
37919-4020
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BALDWIN
Project State
Project Zip
CD
AL-01
Jobs Reported
35
NAICS Code
713110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
27589.00
Payroll Proceed
331074.00
Mortgage Interest Proceed
Rent Proceed
82769.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
444178.69
Forgiveness Date
11/27/2020