Desoto Beach Hotel Associates LLP

$530,000 PPP Loan in Tybee Island, Georgia

Loan Details

Loan Number
9361767006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$530,000
Current Approval
$152,000
Forgiveness Amount
$153,308
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Desoto Beach Hotel Associates LLP
Address
212 Butler Ave
State
Georgia
ZIP Code
31328-9794
Business Type
Trust
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
GA-01

Loan Use Breakdown

Payroll
$121,600
Utilities
$15,200
Mortgage Interest
$15,200

Lender Information

Servicing Lender
Ameris Bank
Originating Lender
Ameris Bank

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