Internet Business Strategies, Inc.

$495,467 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
6949947107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$495,467
Current Approval
$495,467
Forgiveness Amount
$500,001
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Internet Business Strategies, Inc.
Address
12319 Ocean Gateway Suite 202
ZIP Code
21842
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$8.9M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$420,000
Rent
$17,000
Utilities
$35,467
Health Care
$23,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

Other PPP Loans in Ocean City, MD

BusinessApproved
O.c. Seacrets, INC$2,041,295NewBizBotResearch
O.c.seacrets INC$2,000,000NewBizBotResearch
Lpb-Oc Hotel Limited Partnership$1,833,055NewBizBotResearch
Real Hospitality Group$1,660,675NewBizBotResearch
94th Street Beer & Wine Inc.$1,392,328NewBizBotResearch

Want to research this company further?

Try NewBizBot free