# PPP loan: OCEAN DRIVE HOTEL LLC
> **$410K** approved 04/06/2020 · Paid in Full · Loan `6309847005`
## Borrower
- **Name:** OCEAN DRIVE HOTEL LLC
- **Address:** 6030 OCEAN DR, CORPUS CHRISTI, TX, 78412-2862
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $410K
- **Initial approval:** $410K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Mortgage interest:** $40K
- **Utilities:** $20K
- **Jobs reported:** 28
## Lender
- **Originating:** Kleberg Bank, National Association
- **Servicing:** Kleberg Bank, National Association (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*