The Oham Corporation

$88,400 PPP Loan in Elkton, Maryland

Loan Details

Loan Number
8599557008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$88,400
Current Approval
$88,400
Forgiveness Amount
$89,075
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Oham Corporation
Address
291 East Palaski Hwy
City
Elkton
ZIP Code
21921
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$70,000
Utilities
$13,500
Mortgage Interest
$4,900

Lender Information

Servicing Lender
Orrstown Bank
Originating Lender
Orrstown Bank

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