PPP Loan information for Ocean city sakura inc

$79,350

Ocean city sakura inc was initially approved for PPP Loan of amount $79,350, the current approved amount is $79,350. The loan was approved on 04/13/2020 by The Atlantic Union Bank reported 17 jobs and $79,350 was used to fund payroll.

Ocean city sakura inc is New Business or 2 years or less

OCEAN CITY SAKURA INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OCEAN CITY SAKURA INC

Borrower Address

12741 Ocean City Gateway

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79350.00

Current Approval Amount

79350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-1100

CD

MD-01

Jobs Reported

17

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79350.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80297.79

Forgiveness Date

07/02/2021

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