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
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
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
75
NAICS Code
561110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
290404.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
292284.70
Forgiveness Date
10/06/2021