Franchise Management Services INC

$857,200 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
7547627009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$857,200
Current Approval
$857,200
Forgiveness Amount
$862,391
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Franchise Management Services INC
Address
9919 Golf Course Road
ZIP Code
21842-9515
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
78
Estimated Revenue
$13.8M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$857,200

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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