PPP Loan information for Ocean taps, llc

$173,411

Ocean taps, llc was initially approved for PPP Loan of amount $173,411, the current approved amount is $173,411. The loan was approved on 01/16/2021 by The Bank of Ocean City reported 120 jobs and $173,411 was used to fund payroll.

Ocean taps, llc is Existing or more than 2 years old

OCEAN TAPS, LLC

Date Approved

01/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

OCEAN TAPS, LLC

Borrower Address

12501 Coastal Hwy

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-4710

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173411.00

Current Approval Amount

173411.00

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

21842-4710

CD

MD-01

Jobs Reported

120

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

173408.00

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

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174451.47

Forgiveness Date

08/30/2021

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