Date Approved
03/03/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
KMC AND ASSOCIATES INC.
Borrower Address
12319 Ocean Gtwy Ste 201
Borrower City
Ocean City
Borrower State
MD
Borrower Zip
21842-9597
Loan Status Date
03/25/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
188300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
441170
Servicing Lender Name
Community Bank Delaware
Servicing Lender Address
16982 Kings Hwy
Servicing Lender City
LEWES
Servicing Lender State
DE
Servicing Lender Zip
19958-4785
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WORCESTER
Project State
Project Zip
CD
MD-01
Jobs Reported
14
NAICS Code
442110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
188295.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
189000.89
Forgiveness Date
07/23/2021