# PPP loan: SOUTH BEACH GROUP HOTELS
> **$858K** approved 02/01/2021 · Paid in Full · Loan `1373508409`
## Borrower
- **Name:** SOUTH BEACH GROUP HOTELS
- **Address:** 855 Collins Ave, Miami Beach, FL, 33139-5807
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $858K
- **Initial approval:** $858K
- **Forgiven:** $865K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $858K
- **Utilities:** $1
- **Jobs reported:** 81
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*