PPP Loan information for The shrimp boat inc

$60,826

The shrimp boat inc was initially approved for PPP Loan of amount $60,826, the current approved amount is $60,826. The loan was approved on 04/13/2020 by The The Farmers Bank of Willards reported 25 jobs and $60,826 was used to fund payroll.

The shrimp boat inc is Existing or more than 2 years old

PPP Loan Search / MD / OCEAN CITY / The shrimp boat inc

THE SHRIMP BOAT INC

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE SHRIMP BOAT INC

Borrower Address

9724 Stephen Decatur Highway

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-9300

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60826.25

Current Approval Amount

60826.25

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

21842-9300

CD

MD-01

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7603.28

Payroll Proceed

45619.69

Mortgage Interest Proceed

7603.28

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

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51111.44

Forgiveness Date

11/12/2020

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