Date Approved
01/28/2021
SBA Office Code
0464
Processing Method
PPS
Borrower Name
BEACH COVE RESORT INC.
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
545200.00
Current Approval Amount
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
Servicing Lender Zip
29577-3169
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HORRY
Project State
Project Zip
CD
SC-07
Jobs Reported
36
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
545198.00
Mortgage Interest Proceed
Rent Proceed
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
549652.47
Forgiveness Date
12/02/2021