PPP Loan information for Sea-cap, inc.

$886,414

Sea-cap, inc. was initially approved for PPP Loan of amount $886,414, the current approved amount is $886,414. The loan was approved on 04/11/2020 by The Sandy Spring Bank reported 58 jobs and $886,414 was used to fund payroll.

Sea-cap, inc. is Existing or more than 2 years old

SEA-CAP, INC.

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEA-CAP, INC.

Borrower Address

7950 tarbay Drive

Borrower City

JESSUP

Borrower State

MD

Borrower Zip

20794-9416

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

886414.00

Current Approval Amount

886414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JESSUP

Project County Name

HOWARD

Project State

MD

Project Zip

20794-9416

CD

MD-03

Jobs Reported

58

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

886414.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

897026.68

Forgiveness Date

07/06/2021

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