PPP Loan information for Southbound one inc

$193,277

Southbound one inc was initially approved for PPP Loan of amount $193,277, the current approved amount is $193,277. The loan was approved on 01/27/2021 by The Bank of Ocean City reported 8 jobs and $193,277 was used to fund payroll.

Southbound one inc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Southbound one inc

SOUTHBOUND ONE INC

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SOUTHBOUND ONE INC

Borrower Address

913 Atlantic Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-6689

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193277.00

Current Approval Amount

193277.00

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

21842-6689

CD

MD-01

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

193275.00

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

Sole Proprietorship

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194929.12

Forgiveness Date

12/15/2021

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