Fagers Island Ltd

$1,357,785 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
2731078308
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$1,357,785
Current Approval
$1,357,785
Forgiveness Amount
$1,368,052
Forgiveness Date
Nov 2, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Fagers Island Ltd
Address
201 60th St
ZIP Code
21842-5386
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
279
Estimated Revenue
$49.5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$1,357,780
Utilities
$1

Lender Information

Servicing Lender
Bank of Ocean City
Originating Lender
Bank of Ocean City

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