Date Approved
04/28/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
INDIAN ACRES CLUB OF CHESAPEAKE BAY INC
Borrower Address
645 KNIGHT ISLAND RD
Borrower City
EARLEVILLE
Borrower State
MD
Borrower Zip
21919-3210
Loan Status Date
03/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
80200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
88670
Servicing Lender Name
Cecil Bank
Servicing Lender Address
127 N St
Servicing Lender City
ELKTON
Servicing Lender State
Servicing Lender Zip
21921-5510
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CECIL
Project State
Project Zip
CD
MD-01
Jobs Reported
13
NAICS Code
721211
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
5000.00
Payroll Proceed
62200.00
Mortgage Interest Proceed
Rent Proceed
13000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
80830.61
Forgiveness Date
02/16/2021