PPP Loan information for Jersey cape motel inc

$31,300

Jersey cape motel inc was initially approved for PPP Loan of amount $31,300, the current approved amount is $31,300. The loan was approved on 06/01/2020 by The Peoples Security Bank and Trust Company reported 5 jobs and $31,300 was used to fund payroll.

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

JERSEY CAPE MOTEL INC

Date Approved

06/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

JERSEY CAPE MOTEL INC

Borrower Address

769 route 109

Borrower City

CAPE MAY

Borrower State

NJ

Borrower Zip

08204

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31300.00

Current Approval Amount

31300.00

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

08204-0001

CD

NJ-02

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31300.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31489.54

Forgiveness Date

01/13/2021

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