Royal Surf Club a Motel Condominium

$47,600 PPP Loan in Newport, Delaware

Loan Details

Loan Number
8417827202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$47,600
Current Approval
$47,600
Forgiveness Amount
$48,279
Forgiveness Date
Oct 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Surf Club a Motel Condominium
Address
401 East Marsh Lane Suite 1
ZIP Code
19804
Business Type
Non-Profit Organization
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$38,438
Utilities
$6,962
Health Care
$2,200

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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