PPP Loan information for Inlet coastal resort

$170,300

Inlet coastal resort was initially approved for PPP Loan of amount $170,300, the current approved amount is $170,300. The loan was approved on 04/15/2020 by The Truist Bank reported 35 jobs and $170,300 was used to fund payroll.

Inlet coastal resort is Existing or more than 2 years old

INLET COASTAL RESORT

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

INLET COASTAL RESORT

Borrower Address

5087 HIGHWAY 17

Borrower City

MURRELLS INLET

Borrower State

SC

Borrower Zip

29576-5043

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170300.00

Current Approval Amount

170300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MURRELLS INLET

Project County Name

GEORGETOWN

Project State

SC

Project Zip

29576-5043

CD

SC-07

Jobs Reported

35

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171265.03

Forgiveness Date

11/12/2020

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