PPP Loan information for A & m coffee shop inc

$36,158

A & m coffee shop inc was initially approved for PPP Loan of amount $36,158, the current approved amount is $36,158. The loan was approved on 04/29/2020 by The The Farmers Bank of Willards reported 18 jobs and $36,158 was used to fund payroll.

A & m coffee shop inc is New Business or 2 years or less

A & M COFFEE SHOP INC

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

A & M COFFEE SHOP INC

Borrower Address

9403 COASTAL HWY

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-2605

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36157.50

Current Approval Amount

36157.50

Undisbursed Amount

0.00

Franchise Name

The Coffee Beanery

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-2605

CD

MD-01

Jobs Reported

18

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4519.25

Payroll Proceed

27119.00

Mortgage Interest Proceed

4519.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36446.76

Forgiveness Date

02/19/2021

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