PPP Loan information for Georgetown yacht basin inc.

$316,934

Georgetown yacht basin inc. was initially approved for PPP Loan of amount $316,934, the current approved amount is $316,934. The loan was approved on 03/31/2021 by The The Chesapeake Bank & Trust Company reported 45 jobs and $316,934 was used to fund payroll.

Georgetown yacht basin inc. is Existing or more than 2 years old

GEORGETOWN YACHT BASIN INC.

Date Approved

03/31/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

GEORGETOWN YACHT BASIN INC.

Borrower Address

14020 Augustine Herman Highway

Borrower City

Georgetown

Borrower State

MD

Borrower Zip

21930

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316933.75

Current Approval Amount

316933.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111223

Servicing Lender Name

The Chesapeake Bank & Trust Company

Servicing Lender Address

245 High St

Servicing Lender City

CHESTERTOWN

Servicing Lender State

MD

Servicing Lender Zip

21620-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Georgetown

Project County Name

CECIL

Project State

MD

Project Zip

21930

CD

MD-01

Jobs Reported

45

NAICS Code

713930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

316932.75

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

111223

Originating Lender

The Chesapeake Bank & Trust Company

Originating Lender City

CHESTERTOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320129.14

Forgiveness Date

04/18/2022

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