PPP Loan information for Aqua beach resort motel llc

$472,499

Aqua beach resort motel llc was initially approved for PPP Loan of amount $472,499, the current approved amount is $472,499. The loan was approved on 02/24/2021 by The Parke Bank reported 41 jobs and $472,499 was used to fund payroll.

Aqua beach resort motel llc is Existing or more than 2 years old

AQUA BEACH RESORT MOTEL LLC

Date Approved

02/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AQUA BEACH RESORT MOTEL LLC

Borrower Address

5501 Ocean Ave

Borrower City

Wildwood

Borrower State

NJ

Borrower Zip

08260-4323

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

472499.00

Current Approval Amount

472499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123439

Servicing Lender Name

Parke Bank

Servicing Lender Address

601 Delsea Dr

Servicing Lender City

SEWELL

Servicing Lender State

NJ

Servicing Lender Zip

08080-9325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wildwood

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4323

CD

NJ-02

Jobs Reported

41

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

472493.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

123439

Originating Lender

Parke Bank

Originating Lender City

SEWELL

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

477105.87

Forgiveness Date

03/07/2022

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