PPP Loan information for Blue water development corporation

$928,547

Blue water development corporation was initially approved for PPP Loan of amount $928,547, the current approved amount is $928,547. The loan was approved on 03/04/2021 by The Calvin B. Taylor Banking Company reported 49 jobs and $928,547 was used to fund payroll.

Blue water development corporation is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Blue water development corporation

BLUE WATER DEVELOPMENT CORPORATION

Date Approved

03/04/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

BLUE WATER DEVELOPMENT CORPORATION

Borrower Address

9919 Stephen Decatur Hwy

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-9367

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

928546.50

Current Approval Amount

928546.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-9367

CD

MD-01

Jobs Reported

49

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

928541.50

Mortgage Interest Proceed

0.00

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

933990.58

Forgiveness Date

10/06/2021

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