PPP Loan information for L.p.b.-o.c. hotel limited partnership

$1,279,800

L.p.b.-o.c. hotel limited partnership was initially approved for PPP Loan of amount $1,279,800, the current approved amount is $1,279,800. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 295 jobs and $1,279,800 was used to fund payroll.

L.p.b.-o.c. hotel limited partnership is Existing or more than 2 years old

L.P.B.-O.C. HOTEL LIMITED PARTNERSHIP

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

L.P.B.-O.C. HOTEL LIMITED PARTNERSHIP

Borrower Address

10100 COASTAL HWY

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-2619

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1279800.00

Current Approval Amount

1279800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

21842-2619

CD

MD-01

Jobs Reported

295

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1279800.00

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

Limited Liability Partnership

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1291756.49

Forgiveness Date

03/30/2021

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