PPP Loan information for Coral sands motel llc

$207,700

Coral sands motel llc was initially approved for PPP Loan of amount $207,700, the current approved amount is $207,700. The loan was approved on 02/10/2021 by The Loan Source Incorporated reported 16 jobs and $207,700 was used to fund payroll.

Coral sands motel llc is Existing or more than 2 years old

PPP Loan Search / NJ / OCEAN CITY / Coral sands motel llc

CORAL SANDS MOTEL LLC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CORAL SANDS MOTEL LLC

Borrower Address

ATLANTIC AVE & 9TH ST.

Borrower City

OCEAN CITY

Borrower State

NJ

Borrower Zip

08226

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

207700.00

Current Approval Amount

207700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

CD

NJ-02

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

207696.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

209418.50

Forgiveness Date

01/03/2022

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