Gulf Beach Hotel

$2,000,000 PPP Loan in Orange Beach, Alabama

Loan Details

Loan Number
1229288410
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,021,722
Forgiveness Date
Mar 2, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Gulf Beach Hotel
Address
27200 Perdido Beach Blvd
State
Alabama
ZIP Code
36561-3205
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$24.1M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Bryant Bank
Originating Lender
Bryant Bank

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