# PPP loan: INTRACOASTAL HOTEL PROPERTIES LLC
> **$254K** approved 03/23/2021 · Paid in Full · Loan `6290288608`
## Borrower
- **Name:** INTRACOASTAL HOTEL PROPERTIES LLC
- **Address:** 4673 Wharf Pkwy, Orange Beach, AL, 36561-9604
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*