PPP Loan information for The majestic, inc.

$227,866

The majestic, inc. was initially approved for PPP Loan of amount $227,866, the current approved amount is $227,866. The loan was approved on 01/16/2021 by The Bank of Ocean City reported 16 jobs and $227,866 was used to fund payroll.

The majestic, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / The majestic, inc.

THE MAJESTIC, INC.

Date Approved

01/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

THE MAJESTIC, INC.

Borrower Address

613 Atlantic Ave

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-4367

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

227866.00

Current Approval Amount

227866.00

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

21842-4367

CD

MD-01

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

227860.00

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

Corporation

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

Forgiveness Amount

229226.95

Forgiveness Date

08/30/2021

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