PPP Loan information for Gulf beach hotel

$2,000,000

Gulf beach hotel was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/01/2021 by The Bryant Bank reported 77 jobs and $2,000,000 was used to fund payroll.

Gulf beach hotel is Existing or more than 2 years old

PPP Loan Search / AL / Orange Beach / Gulf beach hotel

GULF BEACH HOTEL

Date Approved

02/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

GULF BEACH HOTEL

Borrower Address

27200 Perdido Beach Blvd

Borrower City

Orange Beach

Borrower State

AL

Borrower Zip

36561-3205

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orange Beach

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-3205

CD

AL-01

Jobs Reported

77

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

Subchapter S Corporation

Originating Lender Location Id

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021722.22

Forgiveness Date

03/02/2022

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