PPP Loan information for Kool ice & seafood co., inc.

$208,018

Kool ice & seafood co., inc. was initially approved for PPP Loan of amount $208,018, the current approved amount is $208,018. The loan was approved on 04/05/2020 by The Summit Community Bank, Inc. reported 40 jobs and $208,018 was used to fund payroll.

Kool ice & seafood co., inc. is Existing or more than 2 years old

KOOL ICE & SEAFOOD CO., INC.

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

KOOL ICE & SEAFOOD CO., INC.

Borrower Address

110 WASHINGTON ST

Borrower City

CAMBRIDGE

Borrower State

MD

Borrower Zip

21613-2804

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

208017.50

Current Approval Amount

208017.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

DORCHESTER

Project State

MD

Project Zip

21613-2804

CD

MD-01

Jobs Reported

40

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

208017.50

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

209306.05

Forgiveness Date

11/20/2020

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