# PPP loan: BEAUMONT PALACE INN LLC
> **$483K** approved 04/04/2020 · Paid in Full · Loan `5049127010`
## Borrower
- **Name:** BEAUMONT PALACE INN LLC
- **Address:** 3950 INTERSTATE 10 South & Walden Rd., BEAUMONT, TX, 77705-4237
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $487K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Jobs reported:** 97
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*