# PPP loan: ISLAND FAMOUS HOSPITALITY NO. 1
> **$891K** approved 04/09/2020 · Paid in Full · Loan `8853357003`
## Borrower
- **Name:** ISLAND FAMOUS HOSPITALITY NO. 1
- **Address:** 3204 SEAWALL BLVD, GALVESTON, TX, 77550-7656
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $891K
- **Initial approval:** $891K
- **Forgiven:** $896K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $891K
- **Jobs reported:** 216
## Lender
- **Originating:** Moody National Bank
- **Servicing:** Moody National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*