PPP Loan information for Ike's beach service, inc

$325,700

Ike's beach service, inc was initially approved for PPP Loan of amount $325,700, the current approved amount is $325,700. The loan was approved on 04/03/2020 by The Merchants & Marine Bank reported 50 jobs and $325,700 was used to fund payroll.

Ike's beach service, inc is New Business or 2 years or less

PPP Loan Search / AL / GULF SHORES / Ike's beach service, inc

IKE'S BEACH SERVICE, INC

Date Approved

04/03/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

IKE'S BEACH SERVICE, INC

Borrower Address

800 West Beach Blvd

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542-6380

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325700.00

Current Approval Amount

325700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-6380

CD

AL-01

Jobs Reported

50

NAICS Code

812990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16285.00

Payroll Proceed

244275.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

65140

Business Type

Corporation

Originating Lender Location Id

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

329762.20

Forgiveness Date

07/08/2021

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