Indian Acres Club of Chesapeake Bay INC

$80,200 PPP Loan in Earleville, Maryland

Loan Details

Loan Number
8418397206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$80,200
Current Approval
$80,200
Forgiveness Amount
$80,831
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Indian Acres Club of Chesapeake Bay INC
Address
645 Knight Island Rd
ZIP Code
21919-3210
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721211)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$62,200
Rent
$13,000
Utilities
$5,000

Lender Information

Servicing Lender
Cecil Bank
Originating Lender
Cecil Bank

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