Ocean Towers Construction
$250,000 PPP Loan in Berlin, Maryland
Loan Details
- Loan Number
- 3535567205
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $250,000
- Current Approval
- $246,431
- Forgiveness Amount
- $248,198
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ocean Towers Construction
- Address
- 16 Watertown Rd
- City
- Berlin
- State
- Maryland
- ZIP Code
- 21811-1716
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $27.3M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $184,824
- Rent
- $30,804
- Utilities
- $30,804
Lender Information
- Servicing Lender
- The Farmers Bank of Willards
- Originating Lender
- The Farmers Bank of Willards
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