PPP Loan information for 25th street development of ocean city, llc

Date Approved

01/16/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

25TH STREET DEVELOPMENT OF OCEAN CITY, LLC

Borrower Address

212 W Route 38

Borrower City

Moorestown

Borrower State

NJ

Borrower Zip

08057-3238

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

205900.00

Current Approval Amount

205900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30851

Servicing Lender Name

The Queenstown Bank of Maryland

Servicing Lender Address

7101 Main St

Servicing Lender City

QUEENSTOWN

Servicing Lender State

MD

Servicing Lender Zip

21658-1223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Moorestown

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08057-3238

CD

NJ-03

Jobs Reported

25

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

205894.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30851

Originating Lender

The Queenstown Bank of Maryland

Originating Lender City

QUEENSTOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

207434.38

Forgiveness Date

10/27/2021