# PPP loan: BEACH RESTAURANTS INC.
> **$397K** approved 02/02/2021 · Paid in Full · Loan `1908978407`
## Borrower
- **Name:** BEACH RESTAURANTS INC.
- **Address:** 101 Commercial Blvd, Lauderdale by the Sea, FL, 33308-3603
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $397K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*