PPP Loan information for Oc parasail

$50,000

Oc parasail was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/15/2020 by The Bank of Ocean City reported 15 jobs and $50,000 was used to fund payroll.

Oc parasail is Existing or more than 2 years old

OC PARASAIL

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OC PARASAIL

Borrower Address

10434 SUSSEX RD

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-9146

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

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

21842-9146

CD

MD-01

Jobs Reported

15

NAICS Code

532284

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Subchapter S 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

50276.71

Forgiveness Date

11/12/2020

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