PPP Loan information for West ocean city investments llc

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WEST OCEAN CITY INVESTMENTS LLC

Borrower Address

12552 OCEAN GTWY

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-9690

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125059.00

Current Approval Amount

125059.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

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

21842-9690

CD

MD-01

Jobs Reported

73

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11505.00

Payroll Proceed

86295.00

Mortgage Interest Proceed

17259.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

125958.73

Forgiveness Date

01/07/2021