PPP Loan information for Main street movies 5

$125,700

Main street movies 5 was initially approved for PPP Loan of amount $125,700, the current approved amount is $125,700. The loan was approved on 04/08/2020 by The Wilmington Savings Fund Society, FSB reported 27 jobs and $125,700 was used to fund payroll.

Main street movies 5 is Existing or more than 2 years old

MAIN STREET MOVIES 5

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

MAIN STREET MOVIES 5

Borrower Address

301 RUTHAR DR

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19711-8016

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125700.00

Current Approval Amount

125700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-8016

CD

DE-

Jobs Reported

27

NAICS Code

512131

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56800.00

Mortgage Interest Proceed

0.00

Rent Proceed

68900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99637.81

Forgiveness Date

12/23/2021

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