PPP Loan information for Best western on the beach

$198,835

Best western on the beach was initially approved for PPP Loan of amount $198,835, the current approved amount is $198,835. The loan was approved on 04/30/2020 by The PNC Bank, National Association reported 19 jobs and $198,835 was used to fund payroll.

Best western on the beach is Existing or more than 2 years old

BEST WESTERN ON THE BEACH

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BEST WESTERN ON THE BEACH

Borrower Address

337 E BEACH BLVD

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198835.00

Current Approval Amount

198835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-0001

CD

AL-01

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

196835.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201701.54

Forgiveness Date

10/06/2021

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