PPP Loan information for The cultured pearl, inc

$302,462

The cultured pearl, inc was initially approved for PPP Loan of amount $302,462, the current approved amount is $302,462. The loan was approved on 04/09/2020 by The Community Bank Delaware reported 45 jobs and $302,462 was used to fund payroll.

The cultured pearl, inc is Existing or more than 2 years old

THE CULTURED PEARL, INC

Date Approved

04/09/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

THE CULTURED PEARL, INC

Borrower Address

301 REHOBOTH AVE

Borrower City

REHOBOTH BEACH

Borrower State

DE

Borrower Zip

19971-3114

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302462.00

Current Approval Amount

302462.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441170

Servicing Lender Name

Community Bank Delaware

Servicing Lender Address

16982 Kings Hwy

Servicing Lender City

LEWES

Servicing Lender State

DE

Servicing Lender Zip

19958-4785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REHOBOTH BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-3114

CD

DE-

Jobs Reported

45

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

302462.00

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

441170

Originating Lender

Community Bank Delaware

Originating Lender City

LEWES

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306318.39

Forgiveness Date

07/21/2021

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