BEACH BABIES CHILD CARE AT TOWNSEND (DE) - 2020 PPP Loan Borrower Profile (# 1986867800)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BEACH BABIES CHILD CARE AT TOWNSEND. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

1986867800

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$196,310

Date Loan was Approved

May 22, 2020

Amount Forgiven

$197,389.71

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

24,538.75

Payroll Proced

147,232.5

Mortgage Interest Proceed

24,538.75

Lender

Fulton Bank, National Association

Business Detail

Business Type

Corporation

NAICS

611699

Borrower Location

Townsend, DE

Project Location

Townsend, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.