PPP Loan information for Island motels, llc

$42,485

Island motels, llc was initially approved for PPP Loan of amount $42,485, the current approved amount is $42,485. The loan was approved on 04/27/2020 by The Calvin B. Taylor Banking Company reported 14 jobs and $42,485 was used to fund payroll.

Island motels, llc is Existing or more than 2 years old

ISLAND MOTELS, LLC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ISLAND MOTELS, LLC

Borrower Address

4417 Deep Hole Rd

Borrower City

CHINCOTEAGUE ISLAND

Borrower State

VA

Borrower Zip

23336

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42485.00

Current Approval Amount

42485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHINCOTEAGUE ISLAND

Project County Name

ACCOMACK

Project State

VA

Project Zip

23336-0001

CD

VA-02

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42485.00

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42784.14

Forgiveness Date

01/12/2021

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