PPP Loan information for Nichols sea gull motel inc

$86,314

Nichols sea gull motel inc was initially approved for PPP Loan of amount $86,314, the current approved amount is $86,314. The loan was approved on 04/27/2020 by The Crest Savings Bank reported 20 jobs and $86,314 was used to fund payroll.

Nichols sea gull motel inc is Existing or more than 2 years old

NICHOLS SEA GULL MOTEL INC

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

86314.18

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

WILDWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08260-4823

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILDWOOD

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4405

CD

NJ-02

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86314.18

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

80150

Originating Lender

Crest Savings Bank

Originating Lender City

WILDWOOD

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87016.68

Forgiveness Date

02/24/2021

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