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
- City
- Ocean City
- State
- Maryland
- 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
Other PPP Loans in Ocean City, MD
| Business | Approved | |
|---|---|---|
| O.c. Seacrets, INC | $2,041,295 | |
| O.c.seacrets INC | $2,000,000 | |
| Lpb-Oc Hotel Limited Partnership | $1,833,055 | |
| Real Hospitality Group | $1,660,675 | |
| 94th Street Beer & Wine Inc. | $1,392,328 |
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