PPP Loan information for Fagers island ltd

$1,357,785

Fagers island ltd was initially approved for PPP Loan of amount $1,357,785, the current approved amount is $1,357,785. The loan was approved on 01/21/2021 by The Bank of Ocean City reported 279 jobs and $1,357,785 was used to fund payroll.

Fagers island ltd is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Fagers island ltd

FAGERS ISLAND LTD

Date Approved

01/21/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

FAGERS ISLAND LTD

Borrower Address

201 60th St

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-5386

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1357785.00

Current Approval Amount

1357785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

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

21842-5386

CD

MD-01

Jobs Reported

279

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1357780.00

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

Corporation

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1368052.09

Forgiveness Date

11/02/2021

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