PPP Loan information for Sandcastle resorts inc

$341,540

Sandcastle resorts inc was initially approved for PPP Loan of amount $341,540, the current approved amount is $341,540. The loan was approved on 03/26/2021 by The TowneBank reported 46 jobs and $341,540 was used to fund payroll.

Sandcastle resorts inc is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Sandcastle resorts inc

SANDCASTLE RESORTS INC

Date Approved

03/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SANDCASTLE RESORTS INC

Borrower Address

1307 Atlantic Ave

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-3416

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341540.00

Current Approval Amount

341540.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-3416

CD

VA-02

Jobs Reported

46

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

341538.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344006.68

Forgiveness Date

12/16/2021

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