PPP Loan information for Ropewalk oc, llc

$446,580

Ropewalk oc, llc was initially approved for PPP Loan of amount $314,589, the current approved amount is $446,580. The loan was approved on 04/09/2020 by The Farmers & Merchants Bank reported 132 jobs and $446,580 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

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ROPEWALK OC, LLC

Borrower Address

8203 COASTAL HWY

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-2833

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314589.00

Current Approval Amount

446580.00

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

132

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

446580.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

451437.32

Forgiveness Date

05/20/2021

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