PPP Loan information for The palace resort llc.

$238,300

The palace resort llc. was initially approved for PPP Loan of amount $238,300, the current approved amount is $238,300. The loan was approved on 02/11/2021 by The South Atlantic Bank reported 15 jobs and $238,300 was used to fund payroll.

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

THE PALACE RESORT LLC.

Date Approved

02/11/2021

SBA Office Code

0464

Processing Method

PPS

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

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238300.00

Current Approval Amount

238300.00

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

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

238299.00

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

236895.28

Forgiveness Date

12/20/2021

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