# PPP loan: OCEAN CLUB ON SMUGGLER'S BEACH CONDOMINIUM TRUST
> **$175K** approved 02/16/2021 · Paid in Full · Loan `9274668401`
## Borrower
- **Name:** OCEAN CLUB ON SMUGGLER'S BEACH CONDOMINIUM TRUST
- **Address:** 329 S Shore Dr, S Yarmouth, MA, 02664-5863
- **NAICS:** 531311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 05/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*