# PPP loan: BEACH AVENUE HOSPITALITY INC
> **$276K** approved 04/27/2020 · Paid in Full · Loan `3606877202`
## Borrower
- **Name:** BEACH AVENUE HOSPITALITY INC
- **Address:** 1301 Beach Avenue, Cape May, NJ, 08204
- **NAICS:** 721191
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $276K
- **Initial approval:** $276K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Jobs reported:** 38
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*