PPP Loan information for Ropewalk oc llc

$1,358,280

Ropewalk oc llc was initially approved for PPP Loan of amount $1,358,280, the current approved amount is $1,358,280. The loan was approved on 02/03/2021 by The Farmers & Merchants Bank reported 70 jobs and $1,358,280 was used to fund payroll.

Ropewalk oc llc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Ropewalk oc llc

ROPEWALK OC LLC

Date Approved

02/03/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

ROPEWALK OC LLC

Borrower Address

8203 Coastal Hwy

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-2833

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1358280.00

Current Approval Amount

1358280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

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

21842-2833

CD

MD-01

Jobs Reported

70

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1358279.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1370783.62

Forgiveness Date

01/13/2022

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