PPP Loan information for Americana stowaway motel inc

$476,600

Americana stowaway motel inc was initially approved for PPP Loan of amount $476,600, the current approved amount is $476,600. The loan was approved on 04/14/2020 by The Truist Bank reported 78 jobs and $476,600 was used to fund payroll.

Americana stowaway motel inc is Existing or more than 2 years old

PPP Loan Search / MD / OCEAN CITY / Americana stowaway motel inc

AMERICANA STOWAWAY MOTEL INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

AMERICANA STOWAWAY MOTEL INC

Borrower Address

2100 BALTIMORE AVE

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-3534

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476600.00

Current Approval Amount

476600.00

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

N

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

21842-3534

CD

MD-01

Jobs Reported

78

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

476600.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480174.50

Forgiveness Date

01/26/2021

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