PPP Loan information for Phillips crab house

$583,342

Phillips crab house was initially approved for PPP Loan of amount $583,342, the current approved amount is $583,342. The loan was approved on 04/14/2020 by The Calvin B. Taylor Banking Company reported 88 jobs and $583,342 was used to fund payroll.

Phillips crab house is Existing or more than 2 years old

PHILLIPS CRAB HOUSE

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PHILLIPS CRAB HOUSE

Borrower Address

2004 Philadelphia Avenue

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-3560

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583342.00

Current Approval Amount

583342.00

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

21842-3560

CD

MD-01

Jobs Reported

88

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

583342.00

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

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

576986.26

Forgiveness Date

12/09/2020

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