PPP Loan information for Distant shores incorporated

$229,392

Distant shores incorporated was initially approved for PPP Loan of amount $229,392, the current approved amount is $229,392. The loan was approved on 04/15/2020 by The Cross River Bank reported 125 jobs and $229,392 was used to fund payroll.

Distant shores incorporated is Existing or more than 2 years old

DISTANT SHORES INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DISTANT SHORES INCORPORATED

Borrower Address

20722 Timberlake Road Suite 1

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229392.00

Current Approval Amount

229392.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-0001

CD

VA-05

Jobs Reported

125

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229392.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233521.06

Forgiveness Date

02/09/2022

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