PPP Loan information for Oyster point hotel inc

$974,809

Oyster point hotel inc was initially approved for PPP Loan of amount $974,809, the current approved amount is $974,809. The loan was approved on 03/12/2021 by The PNC Bank, National Association reported 101 jobs and $974,809 was used to fund payroll.

Oyster point hotel inc is Existing or more than 2 years old

PPP Loan Search / NJ / Red Bank / Oyster point hotel inc

OYSTER POINT HOTEL INC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OYSTER POINT HOTEL INC

Borrower Address

146 Bodman Pl 146 Bodman Pl

Borrower City

Red Bank

Borrower State

NJ

Borrower Zip

07701-1003

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

974809.00

Current Approval Amount

974809.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Red Bank

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-1003

CD

NJ-06

Jobs Reported

101

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

974807.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

980360.00

Forgiveness Date

10/07/2021

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