PPP Loan information for Drifters reef motel llc

$50,700

Drifters reef motel llc was initially approved for PPP Loan of amount $50,700, the current approved amount is $50,700. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 10 jobs and $50,700 was used to fund payroll.

Drifters reef motel llc is New Business or 2 years or less

DRIFTERS REEF MOTEL LLC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRIFTERS REEF MOTEL LLC

Borrower Address

701 N LAKE PARK BLVD

Borrower City

CAROLINA BEACH

Borrower State

NC

Borrower Zip

28428-4826

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50700.00

Current Approval Amount

50700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CAROLINA BEACH

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28428-4826

CD

NC-07

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50700.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51061.15

Forgiveness Date

01/20/2021

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