PPP Loan information for Oc affordable auto repair inc

$16,212

Oc affordable auto repair inc was initially approved for PPP Loan of amount $16,212, the current approved amount is $16,212. The loan was approved on 04/03/2021 by The Calvin B. Taylor Banking Company reported 3 jobs and $16,212 was used to fund payroll.

Oc affordable auto repair inc is Existing or more than 2 years old

OC AFFORDABLE AUTO REPAIR INC

Date Approved

04/03/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OC AFFORDABLE AUTO REPAIR INC

Borrower Address

5 Philadelphia Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-4038

Loan Status Date

06/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16211.85

Current Approval Amount

16211.85

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

21842-4038

CD

MD-01

Jobs Reported

3

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

16209.85

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16402.39

Forgiveness Date

06/09/2022

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