PPP Loan information for Cape motels, inc.

$107,677

Cape motels, inc. was initially approved for PPP Loan of amount $107,677, the current approved amount is $107,677. The loan was approved on 05/18/2020 by The The First National Bank of Absecon reported 22 jobs and $107,677 was used to fund payroll.

Cape motels, inc. is Unanswered

PPP Loan Search / NJ / CAPE MAY / Cape motels, inc.

CAPE MOTELS, INC.

Date Approved

05/18/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CAPE MOTELS, INC.

Borrower Address

1039 BEACH AVE

Borrower City

CAPE MAY

Borrower State

NJ

Borrower Zip

08204-1613

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107677.00

Current Approval Amount

107677.00

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

Unanswered

Project City

CAPE MAY

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-1613

CD

NJ-02

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107677.00

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

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

108233.33

Forgiveness Date

11/25/2020

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