PPP Loan information for Deluxe oceanfront motel inc.

$27,230

Deluxe oceanfront motel inc. was initially approved for PPP Loan of amount $27,230, the current approved amount is $27,230. The loan was approved on 03/05/2021 by The Saco & Biddeford Savings Institution reported 8 jobs and $27,230 was used to fund payroll.

Deluxe oceanfront motel inc. is Existing or more than 2 years old

DELUXE OCEANFRONT MOTEL INC.

Date Approved

03/05/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

DELUXE OCEANFRONT MOTEL INC.

Borrower Address

198 Saco Ave

Borrower City

Old Orchard Beach

Borrower State

ME

Borrower Zip

04064-1334

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27229.85

Current Approval Amount

27229.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Old Orchard Beach

Project County Name

YORK

Project State

ME

Project Zip

04064-1334

CD

ME-01

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27229.85

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27443.96

Forgiveness Date

12/23/2021

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