PPP Loan information for Coastal prime restaurant

$42,500

Coastal prime restaurant was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/29/2020 by The Hyperion Bank reported 5 jobs and $42,500 was used to fund payroll.

Coastal prime restaurant is New Business or 2 years or less

COASTAL PRIME RESTAURANT

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

COASTAL PRIME RESTAURANT

Borrower Address

3001 PACIFIC AVE

Borrower City

WILDWOOD

Borrower State

NJ

Borrower Zip

08260-4944

Loan Status Date

04/20/2022

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WILDWOOD

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4944

CD

NJ-02

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42500.00

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

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

;