# PPP loan: GULF SHORES POWER SPORTS, INC.
> **$712K** approved 04/13/2020 · Paid in Full · Loan `4203407103`
## Borrower
- **Name:** GULF SHORES POWER SPORTS, INC.
- **Address:** 3807 Gulf Shores Parkway, Gulf Shores, AL, 36542-2711
- **NAICS:** 441210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $712K
- **Initial approval:** $712K
- **Forgiven:** $716K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $712K
- **Jobs reported:** 45
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*