# PPP loan: SCOTT'S BEACH SHACK INC.
> **$294K** approved 02/06/2021 · Paid in Full · Loan `4675428408`
## Borrower
- **Name:** SCOTT'S BEACH SHACK INC.
- **Address:** 867 S Atlantic Ave, Ormond Beach, FL, 32176-7816
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $294K
- **Initial approval:** $294K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 06/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $294K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** WebBank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*