Ocean Pines Auto Service Center, INC

$111,097 PPP Loan in Berlin, Maryland

Loan Details

Loan Number
9151697109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$111,097
Current Approval
$111,097
Forgiveness Amount
$111,703
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ocean Pines Auto Service Center, INC
Address
11092 Cathell Road
City
Berlin
ZIP Code
21811
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MD-01

Loan Use Breakdown

Payroll
$83,321
Utilities
$27,224
Health Care
$262
Debt Interest
$290

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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