Date Approved
01/25/2021
SBA Office Code
0304
Processing Method
PPS
Borrower Name
SURFSIDE RESORT INC
Borrower Address
1211 Atlantic Ave
Borrower City
Virginia Beach
Borrower State
VA
Borrower Zip
23451-3539
Loan Status Date
11/11/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
276000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Four Points by Sheraton
Servicing Lender Location Id
123548
Servicing Lender Name
TowneBank
Servicing Lender Address
5716 High St West
Servicing Lender City
PORTSMOUTH
Servicing Lender State
Servicing Lender Zip
23703-4502
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
VIRGINIA BEACH CITY
Project State
Project Zip
CD
VA-02
Jobs Reported
28
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
275995.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
278031.67
Forgiveness Date
10/25/2021