PPP Loan information for Tygate motel corporation

$1,682,345

Tygate motel corporation was initially approved for PPP Loan of amount $1,682,345, the current approved amount is $1,682,345. The loan was approved on 01/14/2021 by The Vermont 504 Corporation reported 150 jobs and $1,682,345 was used to fund payroll.

Tygate motel corporation is Existing or more than 2 years old

PPP Loan Search / VT / South Burlington / Tygate motel corporation

TYGATE MOTEL CORPORATION

Date Approved

01/14/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

TYGATE MOTEL CORPORATION

Borrower Address

1076 Williston Rd

Borrower City

South Burlington

Borrower State

VT

Borrower Zip

05403-5718

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1682345.00

Current Approval Amount

1682345.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188332

Servicing Lender Name

Vermont 504 Corporation

Servicing Lender Address

58 East State Street Suite 5

Servicing Lender City

Montpelier

Servicing Lender State

VT

Servicing Lender Zip

05602

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

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1682340.00

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

188332

Originating Lender

Vermont 504 Corporation

Originating Lender City

Montpelier

Originating Lender State

VT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1692623.44

Forgiveness Date

08/31/2021

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