# PPP loan: MCELROY'S HARBOR HOUSE REST.
> **$475K** approved 04/06/2020 · Paid in Full · Loan `5797137008`
## Borrower
- **Name:** MCELROY'S HARBOR HOUSE REST.
- **Address:** 695 Beach Blvd, BILOXI, MS, 39530-4302
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $478K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Mortgage interest:** $95K
- **Jobs reported:** 103
## Lender
- **Originating:** The Citizens Bank of Philadelphia
- **Servicing:** The Citizens Bank of Philadelphia (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*