PPP Loan information for Fripp island resort, inc

$1,007,840

Fripp island resort, inc was initially approved for PPP Loan of amount $1,007,840, the current approved amount is $1,007,840. The loan was approved on 04/05/2020 by The Palmetto State Bank reported 131 jobs and $1,007,840 was used to fund payroll.

Fripp island resort, inc is Existing or more than 2 years old

FRIPP ISLAND RESORT, INC

Date Approved

04/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

FRIPP ISLAND RESORT, INC

Borrower Address

2119 SEA ISLAND PARKWAY

Borrower City

SAINT HELENA ISLAND

Borrower State

SC

Borrower Zip

29920-5001

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1007840.00

Current Approval Amount

1007840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66132

Servicing Lender Name

Palmetto State Bank

Servicing Lender Address

601 1st St W

Servicing Lender City

HAMPTON

Servicing Lender State

SC

Servicing Lender Zip

29924-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT HELENA ISLAND

Project County Name

BEAUFORT

Project State

SC

Project Zip

29920-5001

CD

SC-01

Jobs Reported

131

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

755880.00

Mortgage Interest Proceed

0.00

Rent Proceed

251960.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66132

Originating Lender

Palmetto State Bank

Originating Lender City

HAMPTON

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1019464.68

Forgiveness Date

06/09/2021

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