South Beach Group Hotels Inc.

$1,058,500 PPP Loan in Miami Beach, Florida

Loan Details

Loan Number
6090377000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,058,500
Current Approval
$1,058,500
Forgiveness Amount
$1,069,636
Forgiveness Date
May 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Beach Group Hotels Inc.
Address
855 Collins Ave
State
Florida
ZIP Code
33139-5807
Business Type
Corporation
Industry (NAICS)
Management of Companies and Enterprises (551112)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$14.0M
Rural/Urban
Urban
Congressional District
FL-24

Loan Use Breakdown

Payroll
$793,875
Utilities
$264,625

Lender Information

Servicing Lender
City National Bank of Florida
Originating Lender
City National Bank of Florida

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