# PPP loan: SOUTHPORT HOTEL COMPANY, L.L.C
> **$386K** approved 04/10/2020 · Paid in Full · Loan `1895907107`
## Borrower
- **Name:** SOUTHPORT HOTEL COMPANY, L.L.C
- **Address:** 1415 LOUISIANA SUITE 30000, HOUSTON, TX, 77002-7360
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Mortgage interest:** $48K
- **Utilities:** $48K
- **Jobs reported:** 71
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*