PPP Loan information for Ocean pines assocation

$1,143,493

Ocean pines assocation was initially approved for PPP Loan of amount $1,143,493, the current approved amount is $1,143,493. The loan was approved on 04/15/2020 by The Bank of Ocean City reported 105 jobs and $1,143,493 was used to fund payroll.

Ocean pines assocation is Existing or more than 2 years old

OCEAN PINES ASSOCATION

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OCEAN PINES ASSOCATION

Borrower Address

239 OCEAN PKWY

Borrower City

BERLIN

Borrower State

MD

Borrower Zip

21811-1901

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1143493.00

Current Approval Amount

1143493.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

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

21811-1901

CD

MD-01

Jobs Reported

105

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1143493.00

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

Professional Association

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1156243.73

Forgiveness Date

06/04/2021

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