# PPP loan: BEACH PRODUCTS INC.
> **$482K** approved 04/09/2020 · Paid in Full · Loan `9218967004`
## Borrower
- **Name:** BEACH PRODUCTS INC.
- **Address:** 24687 YACHT CLUB RD, SAINT MICHAELS, MD, 21663-2111
- **NAICS:** 315990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 44
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*