PPP Loan information for Bayberry inn

$18,185

Bayberry inn was initially approved for PPP Loan of amount $18,185, the current approved amount is $18,185. The loan was approved on 04/28/2020 by The Sturdy Savings Bank reported 2 jobs and $18,185 was used to fund payroll.

Bayberry inn is Existing or more than 2 years old

BAYBERRY INN

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

BAYBERRY INN

Borrower Address

811 Wesley Avenue

Borrower City

OCEAN CITY

Borrower State

NJ

Borrower Zip

08226

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18185.00

Current Approval Amount

18185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80115

Servicing Lender Name

Sturdy Savings Bank

Servicing Lender Address

9417 Third Ave

Servicing Lender City

STONE HARBOR

Servicing Lender State

NJ

Servicing Lender Zip

08247-1926

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN CITY

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08226-0001

CD

NJ-02

Jobs Reported

2

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18185.00

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

Sole Proprietorship

Originating Lender Location Id

80115

Originating Lender

Sturdy Savings Bank

Originating Lender City

STONE HARBOR

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18324.42

Forgiveness Date

02/09/2021

;