PPP Loan information for O.c.seacrets inc

$2,000,000

O.c.seacrets inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/17/2021 by The Calvin B. Taylor Banking Company reported 283 jobs and $2,000,000 was used to fund payroll.

O.c.seacrets inc is Existing or more than 2 years old

O.C.SEACRETS INC

Date Approved

01/17/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

O.C.SEACRETS INC

Borrower Address

117 49th St

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-5315

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

21842-5315

CD

MD-01

Jobs Reported

283

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016383.56

Forgiveness Date

11/23/2021

;