Coral Sands Motel LLC

$207,700 PPP Loan in Ocean City, New Jersey

Loan Details

Loan Number
6281558408
Date Approved
Feb 10, 2021
Loan Status
Paid in Full
Initial Approval
$207,700
Current Approval
$207,700
Forgiveness Amount
$209,419
Forgiveness Date
Jan 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Coral Sands Motel LLC
Address
Atlantic Ave & 9th St.
ZIP Code
08226
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
NJ-02

Loan Use Breakdown

Payroll
$207,696
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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