Ocean Lube, INC

$77,350 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
6130907108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$77,350
Current Approval
$77,350
Forgiveness Amount
$77,844
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ocean Lube, INC
Address
12641 Ocean Gtwy
ZIP Code
21842-9558
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Franchise
Jiffy Lube
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$58,013
Utilities
$6,445
Health Care
$6,446
Mortgage Interest
$6,446

Lender Information

Servicing Lender
The Farmers Bank of Willards
Originating Lender
The Farmers Bank of Willards

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