Date Approved
04/27/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
NICHOLS SEA GULL MOTEL INC
Borrower Address
5305 ATLANTIC AVE
Borrower City
WILDWOOD
Borrower State
NJ
Borrower Zip
08260-4405
Loan Status Date
03/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
86314.18
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
08260-4823
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CAPE MAY
Project State
Project Zip
CD
NJ-02
Jobs Reported
20
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
87016.68
Forgiveness Date
02/24/2021