PPP Loan information for The beach house 1 inc

$90,000

The beach house 1 inc was initially approved for PPP Loan of amount $90,000, the current approved amount is $90,000. The loan was approved on 01/29/2021 by The Regions Bank reported 38 jobs and $90,000 was used to fund payroll.

The beach house 1 inc is Existing or more than 2 years old

THE BEACH HOUSE 1 INC

Date Approved

01/29/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

THE BEACH HOUSE 1 INC

Borrower Address

2301 E Lakeshore Dr

Borrower City

Decatur

Borrower State

IL

Borrower Zip

62525

Loan Status Date

06/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90000.00

Current Approval Amount

90000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Decatur

Project County Name

MACON

Project State

IL

Project Zip

62525

CD

IL-13

Jobs Reported

38

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

89997.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89716.85

Forgiveness Date

05/10/2023

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