PPP Loan information for Atlantic coast development group

$52,500

Atlantic coast development group was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 05/04/2020 by The Hyperion Bank reported 5 jobs and $52,500 was used to fund payroll.

Atlantic coast development group is New Business or 2 years or less

ATLANTIC COAST DEVELOPMENT GROUP

Date Approved

05/04/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

ATLANTIC COAST DEVELOPMENT GROUP

Borrower Address

211 East ROCHESTER AVE

Borrower City

WILDWOOD

Borrower State

NJ

Borrower Zip

08260-3339

Loan Status Date

04/20/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444723

Servicing Lender Name

Hyperion Bank

Servicing Lender Address

199 W Girard Ave

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19123-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WILDWOOD

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-3339

CD

NJ-02

Jobs Reported

5

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

444723

Originating Lender

Hyperion Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;