PPP Loan information for Ocean answer ltd

$35,571

Ocean answer ltd was initially approved for PPP Loan of amount $35,571, the current approved amount is $35,571. The loan was approved on 04/28/2020 by The Bank of Ocean City reported 9 jobs and $35,571 was used to fund payroll.

Ocean answer ltd is Existing or more than 2 years old

OCEAN ANSWER LTD

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OCEAN ANSWER LTD

Borrower Address

9923 STEPHEN DECATUR HWY UNIT D6

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-9658

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35571.00

Current Approval Amount

35571.00

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

21842-9658

CD

MD-01

Jobs Reported

9

NAICS Code

561421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35571.00

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

35741.55

Forgiveness Date

11/02/2020

;