PPP Loan information for Purnell properties inc

$290,407

Purnell properties inc was initially approved for PPP Loan of amount $290,407, the current approved amount is $290,407. The loan was approved on 02/03/2021 by The Bank of Ocean City reported 75 jobs and $290,407 was used to fund payroll.

Purnell properties inc is Existing or more than 2 years old

PURNELL PROPERTIES INC

Date Approved

02/03/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

PURNELL PROPERTIES INC

Borrower Address

3409 Coastal Hwy Ste 1

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-7458

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

290407.00

Current Approval Amount

290407.00

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

21842-7458

CD

MD-01

Jobs Reported

75

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

290404.00

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

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292284.70

Forgiveness Date

10/06/2021

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