Hangout in Gulf Shores LLC
$2,000,000 PPP Loan in Gulf Shores, Alabama
Loan Details
- Loan Number
- 5505678306
- Date Approved
- Jan 25, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,024,611
- Forgiveness Date
- Apr 18, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Hangout in Gulf Shores LLC
- Address
- 101 E Beach Blvd
- City
- Gulf Shores
- State
- Alabama
- ZIP Code
- 36542-6548
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 151
- Estimated Revenue
- $26.8M
- Rural/Urban
- Rural
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $1,999,994
- Utilities
- $1
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in Gulf Shores, AL
| Business | Approved | |
|---|---|---|
| Brett Robinson Gulf Corporation | $3,857,633 |  Research |
| Lulu's Landing INC | $2,000,000 | Research |
| Hang Out in Gulf Shores, LLC | $1,491,500 | Research |
| Lulus Landing INC | $1,113,000 | Research |
| Saunders Engine & Equipment Co., Inc. | $1,049,700 | Research |
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