# PPP loan: DESOTO BEACH HOTEL ASSOCIATES LLP
> **$152K** approved 04/09/2020 · Paid in Full · Loan `9361767006`
## Borrower
- **Name:** DESOTO BEACH HOTEL ASSOCIATES LLP
- **Address:** 212 Butler Ave, TYBEE ISLAND, GA, 31328-9794
- **NAICS:** 721110
- **Business type:** Trust
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $530K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Jobs reported:** 27
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*