PPP Loan information for G.b.m. motel, inc.

$12,800

G.b.m. motel, inc. was initially approved for PPP Loan of amount $12,800, the current approved amount is $12,800. The loan was approved on 04/05/2020 by The Shore United Bank, National Association reported 2 jobs and $12,800 was used to fund payroll.

G.b.m. motel, inc. is Existing or more than 2 years old

G.B.M. MOTEL, INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

G.B.M. MOTEL, INC.

Borrower Address

11040 ASSATEAGUE RD

Borrower City

BERLIN

Borrower State

MD

Borrower Zip

21811-2409

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12800.00

Current Approval Amount

12800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERLIN

Project County Name

WORCESTER

Project State

MD

Project Zip

21811-2409

CD

MD-01

Jobs Reported

2

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12800.00

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12942.38

Forgiveness Date

05/27/2021

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