PPP Loan information for Jersey cape motel inc.

$32,750

Jersey cape motel inc. was initially approved for PPP Loan of amount $32,750, the current approved amount is $32,750. The loan was approved on 02/03/2021 by The Peoples Security Bank and Trust Company reported 5 jobs and $32,750 was used to fund payroll.

Jersey cape motel inc. is Existing or more than 2 years old

JERSEY CAPE MOTEL INC.

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

JERSEY CAPE MOTEL INC.

Borrower Address

773 Route 109

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-4690

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32750.00

Current Approval Amount

32750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60312

Servicing Lender Name

Peoples Security Bank and Trust Company

Servicing Lender Address

150 N Washington Ave

Servicing Lender City

SCRANTON

Servicing Lender State

PA

Servicing Lender Zip

18503-1843

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape May

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-4690

CD

NJ-02

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

32747.00

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

Subchapter S Corporation

Originating Lender Location Id

60312

Originating Lender

Peoples Security Bank and Trust Company

Originating Lender City

SCRANTON

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32961.06

Forgiveness Date

09/27/2021

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