Date Approved
05/26/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
PADDLE COVE INC
Borrower Address
120 67TH ST
Borrower City
OCEAN CITY
Borrower State
MD
Borrower Zip
21842-5209
Loan Status Date
05/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
16540.00
Current Approval Amount
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
Servicing Lender State
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
Project County Name
WORCESTER
Project State
Project Zip
CD
MD-01
Jobs Reported
5
NAICS Code
532284
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
16692.71
Forgiveness Date
05/03/2021