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

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