Best Western On the Beach

$198,835 PPP Loan in Gulf Shores, Alabama

Loan Details

Loan Number
4975577304
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$198,835
Current Approval
$198,835
Forgiveness Amount
$201,702
Forgiveness Date
Oct 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Best Western On the Beach
Address
337 E Beach Blvd
State
Alabama
ZIP Code
36542
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
AL-01

Loan Use Breakdown

Payroll
$196,835
Rent
$1,000
Utilities
$1,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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