Ocean Drive Hotel LLC

$409,937 PPP Loan in Corpus Christi, Texas

Loan Details

Loan Number
6309847005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$409,937
Current Approval
$409,937
Forgiveness Amount
$413,228
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ocean Drive Hotel LLC
Address
6030 Ocean Dr
State
Texas
ZIP Code
78412-2862
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Best Western - Membership Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$8.8M
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$349,937
Utilities
$20,000
Mortgage Interest
$40,000

Lender Information

Servicing Lender
Kleberg Bank, National Association
Originating Lender
Kleberg Bank, National Association

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