# PPP loan: THE SHOALS CLUB ON BALD HEAD ISLAND LLC
> **$263K** approved 02/17/2021 · Paid in Full · Loan `9798448406`
## Borrower
- **Name:** THE SHOALS CLUB ON BALD HEAD ISLAND LLC
- **Address:** 100 Station House Way, Bald Head Island, NC, 28461-5112
- **NAICS:** 713990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $263K
- **Initial approval:** $263K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*