# PPP loan: M5 HOSPITALITY GROUP LLC
> **$486K** approved 02/02/2021 · Paid in Full · Loan `1601948404`
## Borrower
- **Name:** M5 HOSPITALITY GROUP LLC
- **Address:** 1503 Brookgreen Dr, Myrtle Beach, SC, 29577-5849
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $486K
- **Initial approval:** $486K
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 04/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $486K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** South Atlantic Bank
- **Servicing:** South Atlantic Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*