PPP Loan information for Ambassador motor inn inc.

$38,730

Ambassador motor inn inc. was initially approved for PPP Loan of amount $38,730, the current approved amount is $38,730. The loan was approved on 03/26/2021 by The Truist Bank reported 5 jobs and $38,730 was used to fund payroll.

Ambassador motor inn inc. is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Ambassador motor inn inc.

AMBASSADOR MOTOR INN INC.

Date Approved

03/26/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AMBASSADOR MOTOR INN INC.

Borrower Address

108 5th St

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-3949

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38729.80

Current Approval Amount

38729.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-3949

CD

MD-01

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

38727.80

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39076.22

Forgiveness Date

02/15/2022

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