PPP Loan information for Tygate motel corporation
$1,132,500
Tygate motel corporation was initially approved for PPP Loan of amount $1,132,500, the current approved amount is $1,132,500. The loan was approved on 04/07/2020 by The Community Bank, National Association reported 150 jobs and $1,132,500 was used to fund payroll.
Tygate motel corporation is Existing or more than 2 years old
TYGATE MOTEL CORPORATION
Date Approved
04/07/2020
SBA Office Code
0150
Processing Method
PPP
Borrower Name
TYGATE MOTEL CORPORATION
Borrower Address
1076 Williston Road
Borrower City
SOUTH BURLINGTON
Borrower State
VT
Borrower Zip
05403-5718
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1132500.00
Current Approval Amount
1132500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
47029
Servicing Lender Name
Community Bank, National Association
Servicing Lender Address
45-49 Court St
Servicing Lender City
CANTON
Servicing Lender State
NY
Servicing Lender Zip
13617-1118
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
SOUTH BURLINGTON
Project County Name
CHITTENDEN
Project State
VT
Project Zip
05403-5718
CD
VT-
Jobs Reported
150
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
1132500.00
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
47029
Originating Lender
Community Bank, National Association
Originating Lender City
CANTON
Originating Lender State
NY
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1141342.81
Forgiveness Date
01/26/2021