Ig Burton of Berlin, INC
$334,380 PPP Loan in Berlin, Maryland
Loan Details
- Loan Number
- 9393397007
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $334,380
- Current Approval
- $334,380
- Forgiveness Amount
- $338,221
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ig Burton of Berlin, INC
- Address
- 10419 Old Ocean City Boulevard 0.0
- City
- Berlin
- State
- Maryland
- ZIP Code
- 21811-1121
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 25
- Estimated Revenue
- $6.3M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $224,480
- Rent
- $70,000
- Utilities
- $6,300
- Health Care
- $9,600
- Debt Interest
- $24,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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