PPP Loan information for The beach club corp

$50,000

The beach club corp was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 02/19/2021 by The First United Bank & Trust reported 15 jobs and $50,000 was used to fund payroll.

The beach club corp is Existing or more than 2 years old

THE BEACH CLUB CORP

Date Approved

02/19/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE BEACH CLUB CORP

Borrower Address

202 Center St

Borrower City

Frostburg

Borrower State

MD

Borrower Zip

21532-2202

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frostburg

Project County Name

ALLEGANY

Project State

MD

Project Zip

21532-2202

CD

MD-06

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49997.00

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50336.11

Forgiveness Date

10/27/2021

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