PPP Loan information for Inns of ocean city llc

$436,530

Inns of ocean city llc was initially approved for PPP Loan of amount $436,530, the current approved amount is $436,530. The loan was approved on 04/22/2021 by The United Bank reported 39 jobs and $436,530 was used to fund payroll.

Inns of ocean city llc is Existing or more than 2 years old

INNS OF OCEAN CITY LLC

Date Approved

04/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

INNS OF OCEAN CITY LLC

Borrower Address

8130 Boone Blvd Ste 100

Borrower City

Vienna

Borrower State

VA

Borrower Zip

22182-2640

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

436530.00

Current Approval Amount

436530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vienna

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-2640

CD

VA-11

Jobs Reported

39

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

436526.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

441659.23

Forgiveness Date

07/05/2022

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