PPP Loan information for Ocean club on smuggler's beach condominium trust

$175,383

Ocean club on smuggler's beach condominium trust was initially approved for PPP Loan of amount $175,383, the current approved amount is $175,383. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 16 jobs and $175,383 was used to fund payroll.

Ocean club on smuggler's beach condominium trust is New Business or 2 years or less

OCEAN CLUB ON SMUGGLER'S BEACH CONDOMINIUM TRUST

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OCEAN CLUB ON SMUGGLER'S BEACH CONDOMINIUM TRUST

Borrower Address

329 S SHORE DRIVE

Borrower City

S YARMOUTH

Borrower State

MA

Borrower Zip

02664

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175382.50

Current Approval Amount

175382.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

S YARMOUTH

Project County Name

BARNSTABLE

Project State

MA

Project Zip

02664-0001

CD

MA-09

Jobs Reported

16

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175382.50

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

Non-Profit Organization

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

177578.39

Forgiveness Date

07/22/2021

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