PPP Loan information for Derby four seasons motel, inc.

$57,915

Derby four seasons motel, inc. was initially approved for PPP Loan of amount $57,915, the current approved amount is $57,915. The loan was approved on 04/09/2020 by The Woodsville Guaranty Savings Bank reported 12 jobs and $57,915 was used to fund payroll.

Derby four seasons motel, inc. is Existing or more than 2 years old

DERBY FOUR SEASONS MOTEL, INC.

Date Approved

04/09/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

DERBY FOUR SEASONS MOTEL, INC.

Borrower Address

4412 U.S. Route 5

Borrower City

DERBY

Borrower State

VT

Borrower Zip

05829-0001

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57914.72

Current Approval Amount

57914.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43179

Servicing Lender Name

Woodsville Guaranty Savings Bank

Servicing Lender Address

63 Central St

Servicing Lender City

WOODSVILLE

Servicing Lender State

NH

Servicing Lender Zip

03785-1007

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DERBY

Project County Name

ORLEANS

Project State

VT

Project Zip

05829-0001

CD

VT-

Jobs Reported

12

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1914.72

Payroll Proceed

51000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

43179

Originating Lender

Woodsville Guaranty Savings Bank

Originating Lender City

WOODSVILLE

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58273.47

Forgiveness Date

11/25/2020

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