PPP Loan information for Fravin's el condor motel

$33,834

Fravin's el condor motel was initially approved for PPP Loan of amount $24,959, the current approved amount is $33,834. The loan was approved on 04/28/2020 by The Crest Savings Bank reported 4 jobs and $33,834 was used to fund payroll.

Fravin's el condor motel is Existing or more than 2 years old

FRAVIN'S EL CONDOR MOTEL

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FRAVIN'S EL CONDOR MOTEL

Borrower Address

1507 OCEAN AVE

Borrower City

WILDWOOD

Borrower State

NJ

Borrower Zip

08260-5522

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24959.00

Current Approval Amount

33834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80150

Servicing Lender Name

Crest Savings Bank

Servicing Lender Address

3301 Pacific Ave

Servicing Lender City

WILDWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08260-4823

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILDWOOD

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-5522

CD

NJ-02

Jobs Reported

4

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33834.00

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

80150

Originating Lender

Crest Savings Bank

Originating Lender City

WILDWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34089.63

Forgiveness Date

02/04/2021

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