Embers Restaurant INC the

$588,000 PPP Loan in Ocean City, Maryland

Loan Details

Loan Number
8483448505
Date Approved
Mar 10, 2021
Loan Status
Paid in Full
Initial Approval
$588,000
Current Approval
$588,000
Forgiveness Amount
$594,106
Forgiveness Date
Mar 31, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Embers Restaurant INC the
Address
2305 Philadelphia Ave
ZIP Code
21842-3555
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$587,995
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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