MAIN STREET MOVIES 5 (DE) - 2020 PPP Loan Borrower Profile (# 8514867009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to MAIN STREET MOVIES 5. 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

8514867009

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$125,700

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$99,637.81

Date Loan was Forgiven

Dec 23, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Payroll Proced

56,800

Rent Proceed

68,900

Lender

Wilmington Savings Fund Society, FSB

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

512131

Borrower Location

NEWARK, DE

Project Location

NEWARK, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.