# PPP loan: GRAND BAY CONVALESCENT HOME INC
> **$751K** approved 04/15/2020 · Paid in Full · Loan `1347167207`
## Borrower
- **Name:** GRAND BAY CONVALESCENT HOME INC
- **Address:** 13750 Highway 90 West, GRAND BAY, AL, 36541-5453
- **NAICS:** 623312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $751K
- **Initial approval:** $751K
- **Forgiven:** $755K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $751K
- **Jobs reported:** 114
## Lender
- **Originating:** Century Bank
- **Servicing:** Century Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*