# PPP loan: PLANET BEACH FRANCHISING CORP.
> **$383K** approved 04/16/2020 · Paid in Full · Loan `2776807201`
## Borrower
- **Name:** PLANET BEACH FRANCHISING CORP.
- **Address:** 5145 TARAVELLA RD, MARRERO, LA, 70072-4242
- **NAICS:** 812199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $383K
- **Jobs reported:** 32
## Lender
- **Originating:** Paragon Bank
- **Servicing:** Paragon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*