PPP Loan information for Carpets by the ocean, inc

$54,714

Carpets by the ocean, inc was initially approved for PPP Loan of amount $86,760, the current approved amount is $54,714. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 9 jobs and $54,714 was used to fund payroll.

Carpets by the ocean, inc is New Business or 2 years or less

PPP Loan Search / MD / Bishopville / Carpets by the ocean, inc

CARPETS BY THE OCEAN, INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CARPETS BY THE OCEAN, INC

Borrower Address

12021 Hammer Rd

Borrower City

Bishopville

Borrower State

MD

Borrower Zip

21813

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86760.00

Current Approval Amount

54714.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Bishopville

Project County Name

WORCESTER

Project State

MD

Project Zip

21813-0001

CD

MD-01

Jobs Reported

9

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54714.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55217.06

Forgiveness Date

04/01/2021

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