PPP Loan information for Surf inn of ocean city inc

$192,185

Surf inn of ocean city inc was initially approved for PPP Loan of amount $192,185, the current approved amount is $192,185. The loan was approved on 02/12/2021 by The The Farmers Bank of Willards reported 8 jobs and $192,185 was used to fund payroll.

Surf inn of ocean city inc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Surf inn of ocean city inc

SURF INN OF OCEAN CITY INC

Date Approved

02/12/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SURF INN OF OCEAN CITY INC

Borrower Address

216 N Baltimore Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-4021

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

192185.00

Current Approval Amount

192185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

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

21842-4021

CD

MD-01

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

192183.00

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

Subchapter S Corporation

Originating Lender Location Id

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

193727.82

Forgiveness Date

12/09/2021

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