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
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
Servicing Lender Zip
19958-4785
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SUSSEX
Project State
Project Zip
CD
DE-
Jobs Reported
45
NAICS Code
722511
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
306318.39
Forgiveness Date
07/21/2021