PPP Loan information for Beach properties inc

$1,915,760

Beach properties inc was initially approved for PPP Loan of amount $1,915,760, the current approved amount is $1,915,760. The loan was approved on 03/12/2021 by The Manufacturers and Traders Trust Company reported 70 jobs and $1,915,760 was used to fund payroll.

Beach properties inc is Existing or more than 2 years old

BEACH PROPERTIES INC

Date Approved

03/12/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

BEACH PROPERTIES INC

Borrower Address

4800 Basin Harbor Rd

Borrower City

Vergennes

Borrower State

VT

Borrower Zip

05491-8532

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1915760.00

Current Approval Amount

1915760.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vergennes

Project County Name

ADDISON

Project State

VT

Project Zip

05491-8532

CD

VT-

Jobs Reported

70

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1915754.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1925417.53

Forgiveness Date

09/17/2021

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