# PPP loan: EDGEWATER MOTEL
> **$483K** approved 04/27/2020 · Paid in Full · Loan `4428257205`
## Borrower
- **Name:** EDGEWATER MOTEL
- **Address:** 280 WADSWORTH AVE, PISMO BEACH, CA, 93449
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 30
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*