Date Approved
02/23/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
TIO GRINGO'S INC
Borrower Address
5309 Coastal Hwy
Borrower City
Ocean City
Borrower State
MD
Borrower Zip
21842-3140
Loan Status Date
12/04/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
726530.00
Current Approval Amount
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
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
Project County Name
WORCESTER
Project State
Project Zip
CD
MD-01
Jobs Reported
80
NAICS Code
722511
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
726525.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
731585.85
Forgiveness Date
11/15/2021