PPP Loan information for Royal surf club a motel condominium

$47,600

Royal surf club a motel condominium was initially approved for PPP Loan of amount $47,600, the current approved amount is $47,600. The loan was approved on 04/28/2020 by The Manufacturers and Traders Trust Company reported 11 jobs and $47,600 was used to fund payroll.

Royal surf club a motel condominium is Existing or more than 2 years old

ROYAL SURF CLUB A MOTEL CONDOMINIUM

Date Approved

04/28/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

ROYAL SURF CLUB A MOTEL CONDOMINIUM

Borrower Address

401 East Marsh Lane Suite 1

Borrower City

Newport

Borrower State

DE

Borrower Zip

19804

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47600.00

Current Approval Amount

47600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19804-0001

CD

DE-

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6962.00

Payroll Proceed

38438.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2200.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

48279.44

Forgiveness Date

10/15/2021

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