PPP Loan information for Driftwood motel

$46,855

Driftwood motel was initially approved for PPP Loan of amount $46,855, the current approved amount is $46,855. The loan was approved on 04/29/2020 by The Loan Source Incorporated reported 37 jobs and $46,855 was used to fund payroll.

Driftwood motel is Existing or more than 2 years old

PPP Loan Search / NJ / POINT PLEASANT BEACH / Driftwood motel

DRIFTWOOD MOTEL

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DRIFTWOOD MOTEL

Borrower Address

1414 OCEAN AVE

Borrower City

POINT PLEASANT BEACH

Borrower State

NJ

Borrower Zip

08742

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46855.00

Current Approval Amount

46855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POINT PLEASANT BEACH

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-0001

CD

NJ-04

Jobs Reported

37

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46855.00

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47466.04

Forgiveness Date

08/25/2021

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