125TH STREET DEVELOPMENT OF OC, LLC (MD) - 2020 PPP Loan Borrower Profile (# 3164198001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 125TH STREET DEVELOPMENT OF OC, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Maryland.

Loan Detail

Loan Number

3164198001

SBA Office Code

0373

Processing Method

PPP

Curent Loan Amount

$66,366

Date Loan was Approved

Jun 24, 2020

Amount Forgiven

$66,760.56

Date Loan was Forgiven

Feb 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

66,366

Lender

Bank of Ocean City

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236116

Borrower Location

OCEAN CITY, MD

Project Location

OCEAN CITY, MD

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.