# PPP loan: CAROLINA BEACH HOSPITALITY LLC
> **$206K** approved 04/06/2020 · Paid in Full · Loan `5700727002`
## Borrower
- **Name:** CAROLINA BEACH HOSPITALITY LLC
- **Address:** 1 HARPER AVE, CAROLINA BEACH, NC, 28428-4960
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Jobs reported:** 85
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*