PPP Loan information for Tidelands motel inc.

$76,710

Tidelands motel inc. was initially approved for PPP Loan of amount $76,710, the current approved amount is $76,710. The loan was approved on 03/13/2021 by The Truist Bank reported 88 jobs and $76,710 was used to fund payroll.

Tidelands motel inc. is Existing or more than 2 years old

TIDELANDS MOTEL INC.

Date Approved

03/13/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

TIDELANDS MOTEL INC.

Borrower Address

409 Atlantic Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-4180

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76709.50

Current Approval Amount

76709.50

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

Y

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

21842-4180

CD

MD-01

Jobs Reported

88

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

76707.50

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77363.66

Forgiveness Date

02/10/2022

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