# PPP loan: PROFESSIONAL HOSPITALITY CONCEPTS, INC.
> **$153K** approved 04/28/2020 · Paid in Full · Loan `7331287200`
## Borrower
- **Name:** PROFESSIONAL HOSPITALITY CONCEPTS, INC.
- **Address:** 3400 Padre Island Blvd PO BOX 78597, SOUTH PADRE ISLAND, TX, 78597-3837
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Mortgage interest:** $2K
- **Utilities:** $4K
- **Jobs reported:** 41
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*