PPP Loan information for Newport ocean jetty management ii llc

$197,800

Newport ocean jetty management ii llc was initially approved for PPP Loan of amount $197,800, the current approved amount is $197,800. The loan was approved on 02/17/2021 by The TowneBank reported 88 jobs and $197,800 was used to fund payroll.

Newport ocean jetty management ii llc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Newport ocean jetty management ii llc

NEWPORT OCEAN JETTY MANAGEMENT II LLC

Date Approved

02/17/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

NEWPORT OCEAN JETTY MANAGEMENT II LLC

Borrower Address

2 15th St

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-3613

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197800.00

Current Approval Amount

197800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

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

21842-3613

CD

MD-01

Jobs Reported

88

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197796.00

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 Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199871.41

Forgiveness Date

03/03/2022

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