PPP Loan information for Reeser inns inc

$54,900

Reeser inns inc was initially approved for PPP Loan of amount $54,900, the current approved amount is $54,900. The loan was approved on 02/08/2021 by The Crest Savings Bank reported 5 jobs and $54,900 was used to fund payroll.

Reeser inns inc is Existing or more than 2 years old

PPP Loan Search / NJ / Wildwood Crest / Reeser inns inc

REESER INNS INC

Date Approved

02/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

REESER INNS INC

Borrower Address

5510 Ocean Ave

Borrower City

Wildwood Crest

Borrower State

NJ

Borrower Zip

08260-4324

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54899.60

Current Approval Amount

54899.60

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wildwood Crest

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4324

CD

NJ-02

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54894.60

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

55605.67

Forgiveness Date

05/26/2022

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