# PPP loan: BEACHWOOD CINEMA LLC
> **$550K** approved 04/24/2021 · Paid in Full · Loan `1162388900`
## Borrower
- **Name:** BEACHWOOD CINEMA LLC
- **Address:** 9118 Strada Pl Ste 8205, Naples, FL, 34108-2874
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $550K
- **Utilities:** $1
- **Jobs reported:** 108
## Lender
- **Originating:** Ocean Bank
- **Servicing:** Ocean Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*