PPP Loan information for The palace resort, llc

$131,100

The palace resort, llc was initially approved for PPP Loan of amount $131,100, the current approved amount is $131,100. The loan was approved on 04/14/2020 by The South Atlantic Bank reported 28 jobs and $131,100 was used to fund payroll.

The palace resort, llc is Existing or more than 2 years old

THE PALACE RESORT, LLC

Date Approved

04/14/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

THE PALACE RESORT, LLC

Borrower Address

1144 SHINE AVE

Borrower City

MYRTLE BEACH

Borrower State

SC

Borrower Zip

29577-1503

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131100.00

Current Approval Amount

131100.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYRTLE BEACH

Project County Name

HORRY

Project State

SC

Project Zip

29577-1503

CD

SC-07

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131100.00

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

Partnership

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

132451.06

Forgiveness Date

04/22/2021

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