Delaware Motel Corporation

$5,500 PPP Loan in Elkton, Maryland

Loan Details

Loan Number
9601157207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$5,500
Current Approval
$5,500
Forgiveness Amount
$5,540
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Delaware Motel Corporation
Address
291 East Pulaski Hwy
City
Elkton
ZIP Code
21921
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$4,200
Utilities
$1,300

Lender Information

Servicing Lender
Orrstown Bank
Originating Lender
Orrstown Bank

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