# PPP loan: OKATIE ALE HOUSE, INC.
> **$313K** approved 04/10/2020 · Paid in Full · Loan `2136247103`
## Borrower
- **Name:** OKATIE ALE HOUSE, INC.
- **Address:** 25 WILLIAM POPE DR, BLUFFTON, SC, 29909-7501
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $313K
- **Initial approval:** $313K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $31K
- **Utilities:** $31K
- **Jobs reported:** 78
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*