PPP Loan information for Cape motels inc.

$150,747

Cape motels inc. was initially approved for PPP Loan of amount $150,747, the current approved amount is $150,747. The loan was approved on 01/28/2021 by The The First National Bank of Absecon reported 15 jobs and $150,747 was used to fund payroll.

Cape motels inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Cape May / Cape motels inc.

CAPE MOTELS INC.

Date Approved

01/28/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CAPE MOTELS INC.

Borrower Address

1039 Beach Ave

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-1613

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150747.31

Current Approval Amount

150747.31

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43185

Servicing Lender Name

The First National Bank of Absecon

Servicing Lender Address

106 New Jersey Ave

Servicing Lender City

ABSECON

Servicing Lender State

NJ

Servicing Lender Zip

08201-2409

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

08204-1613

CD

NJ-02

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

150742.31

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

43185

Originating Lender

The First National Bank of Absecon

Originating Lender City

ABSECON

Originating Lender State

NJ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

151748.10

Forgiveness Date

10/06/2021

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