# PPP loan: GULF BEACH HOTEL
> **$1.71M** approved 04/06/2020 · Paid in Full · Loan `6337157007`
## Borrower
- **Name:** GULF BEACH HOTEL
- **Address:** 27200 Perdido Beach Blvd, ORANGE BEACH, AL, 36561-3205
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.71M
- **Jobs reported:** 326
## Lender
- **Originating:** Bryant Bank
- **Servicing:** Bryant Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*