PPP Loan information for The sands incorporated

$351,187

The sands incorporated was initially approved for PPP Loan of amount $351,187, the current approved amount is $351,187. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 50 jobs and $351,187 was used to fund payroll.

The sands incorporated is Existing or more than 2 years old

PPP Loan Search / DE / Rehoboth Beach / The sands incorporated

THE SANDS INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE SANDS INCORPORATED

Borrower Address

101 North Boardwalk

Borrower City

Rehoboth Beach

Borrower State

DE

Borrower Zip

19971

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351187.00

Current Approval Amount

351187.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rehoboth Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-0001

CD

DE-

Jobs Reported

50

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

51187.00

Payroll Proceed

300000.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

302366.59

Forgiveness Date

01/12/2022

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