Date Approved
04/13/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
SPRING LAKE INN HOTEL, LLC
Borrower Address
104 Salem Avenue
Borrower City
Spring Lake
Borrower State
NJ
Borrower Zip
07762-1040
Loan Status Date
03/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
225000.00
Current Approval Amount
49801.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
87220
Servicing Lender Name
Manasquan Bank
Servicing Lender Address
2221 Landmark Place
Servicing Lender City
WALL TOWNSHIP
Servicing Lender State
Servicing Lender Zip
08736-1051
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONMOUTH
Project State
Project Zip
CD
NJ-04
Jobs Reported
10
NAICS Code
721110
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
50218.78
Forgiveness Date
02/19/2021