PPP Loan information for Beach avenue hospitality inc

$386,015

Beach avenue hospitality inc was initially approved for PPP Loan of amount $386,015, the current approved amount is $386,015. The loan was approved on 01/26/2021 by The Univest Bank and Trust Co. reported 28 jobs and $386,015 was used to fund payroll.

Beach avenue hospitality inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cape May / Beach avenue hospitality inc

BEACH AVENUE HOSPITALITY INC

Date Approved

01/26/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BEACH AVENUE HOSPITALITY INC

Borrower Address

1301 Beach Ave

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-2726

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

386015.00

Current Approval Amount

386015.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape May

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-2726

CD

NJ-02

Jobs Reported

28

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

386015.00

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

Corporation

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388214.76

Forgiveness Date

08/24/2021

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