# PPP loan: DOLPHIN BAY HOTEL & RESIDENCE INC.
> **$1.14M** approved 01/29/2021 · Paid in Full · Loan `8583598305`
## Borrower
- **Name:** DOLPHIN BAY HOTEL & RESIDENCE INC.
- **Address:** 2727 Shell Beach Rd, Pismo Beach, CA, 93449-1602
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.15M (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 147
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*