Ike's Beach Service, INC

$325,700 PPP Loan in Gulf Shores, Alabama

Loan Details

Loan Number
4543387008
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$325,700
Current Approval
$325,700
Forgiveness Amount
$329,762
Forgiveness Date
Jul 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ike's Beach Service, INC
Address
800 West Beach Blvd
State
Alabama
ZIP Code
36542-6380
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812990)
Business Age
New Business or 2 years or less
Jobs Reported
50
Estimated Revenue
$9.6M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$244,275
Utilities
$16,285
Debt Interest
$65,140

Lender Information

Servicing Lender
Merchants & Marine Bank
Originating Lender
Merchants & Marine Bank

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