Hang Out in Gulf Shores, LLC
$1,491,500 PPP Loan in Gulf Shores, Alabama
Loan Details
- Loan Number
- 6585337001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,491,500
- Current Approval
- $1,491,500
- Forgiveness Amount
- $1,504,882
- Forgiveness Date
- Mar 3, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hang Out in Gulf Shores, LLC
- Address
- 101 East 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
- 231
- Estimated Revenue
- $41.0M
- Rural/Urban
- Rural
- Congressional District
- AL-01
Loan Use Breakdown
- Payroll
- $1,276,500
- Rent
- $200,000
- Utilities
- $15,000
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 |
| Hangout in Gulf Shores LLC | $2,000,000 | Research |
| Lulus Landing INC | $1,113,000 | Research |
| Saunders Engine & Equipment Co., Inc. | $1,049,700 | Research |
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