# PPP loan: RESORT RECREATION CENTER, INC.
> **$441K** approved 04/13/2020 · Paid in Full · Loan `5649697108`
## Borrower
- **Name:** RESORT RECREATION CENTER, INC.
- **Address:** 3200 Gulf Shores Parkway, GULF SHORES, AL, 36542-2806
- **NAICS:** 713110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $331K
- **Rent:** $83K
- **Utilities:** $28K
- **Jobs reported:** 35
## Lender
- **Originating:** Mountain Commerce Bank
- **Servicing:** Mountain Commerce Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*