Modern Resort Lodging LLC
$340,800 PPP Loan in South Padre Island, Texas
Loan Details
- Loan Number
- 5562137003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $340,800
- Current Approval
- $340,800
- Forgiveness Amount
- $345,174
- Forgiveness Date
- Jul 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Resort Lodging LLC
- Address
- 6700 Padre Blvd
- State
- Texas
- ZIP Code
- 78597-7718
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Crown Trophy
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $260,000
- Utilities
- $80,800
Lender Information
- Servicing Lender
- International Bank of Commerce
- Originating Lender
- International Bank of Commerce
Other PPP Loans in South Padre Island, TX
| Business | Approved | |
|---|---|---|
| Spi Management Co | $967,369 | |
| Louies Backyard Restaurant INC | $893,049 | |
| Blackbeards' Incorporated | $839,856 | |
| Louie's Backyard Restaurant Inc. | $637,890 | |
| Spi Management Co | $600,000 |
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