PPP Loan information for Oceanfront motel inc

$80,241

Oceanfront motel inc was initially approved for PPP Loan of amount $80,241, the current approved amount is $80,241. The loan was approved on 02/16/2021 by The TD Bank, National Association reported 11 jobs and $80,241 was used to fund payroll.

Oceanfront motel inc is Existing or more than 2 years old

PPP Loan Search / NJ / Ocean City / Oceanfront motel inc

OCEANFRONT MOTEL INC

Date Approved

02/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCEANFRONT MOTEL INC

Borrower Address

1417 Ocean Ave

Borrower City

Ocean City

Borrower State

NJ

Borrower Zip

08226-3172

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80241.00

Current Approval Amount

80241.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08226-3172

CD

NJ-02

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

80239.00

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

Partnership

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80796.00

Forgiveness Date

11/02/2021

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