PPP Loan information for Sea terrace condominium association

$30,552

Sea terrace condominium association was initially approved for PPP Loan of amount $30,552, the current approved amount is $30,552. The loan was approved on 07/22/2020 by The Bank of Ocean City reported 2 jobs and $30,552 was used to fund payroll.

Sea terrace condominium association is Existing or more than 2 years old

PPP Loan Search / MD / OCEAN CITY / Sea terrace condominium association

SEA TERRACE CONDOMINIUM ASSOCIATION

Date Approved

07/22/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEA TERRACE CONDOMINIUM ASSOCIATION

Borrower Address

9923 STEPHEN DECATUR HWY

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-9251

Loan Status Date

11/14/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30552.00

Current Approval Amount

30552.00

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

21842-9251

CD

MD-01

Jobs Reported

2

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30552.00

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

Non-Profit Organization

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

Y

Forgiveness Amount

30628.38

Forgiveness Date

10/29/2020

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