Date Approved
04/07/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
THE COVE BAR AND GRILL LLC
Borrower Address
540 W CANAL DR
Borrower City
GULF SHORES
Borrower State
AL
Borrower Zip
36542-3008
Loan Status Date
04/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
91000.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BALDWIN
Project State
Project Zip
CD
AL-01
Jobs Reported
22
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
11000.00
Payroll Proceed
68250.00
Mortgage Interest Proceed
Rent Proceed
11750.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
91882.19
Forgiveness Date
04/01/2021