131ST STREET FOOD SERVICES INC (MD) - 2020 PPP Loan Borrower Profile (# 2678308403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 131ST STREET FOOD SERVICES INC. 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

2678308403

SBA Office Code

0373

Processing Method

PPS

Curent Loan Amount

$174,193

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$176,412.17

Date Loan was Forgiven

May 23, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

174,193

Lender

Bank of Ocean City

Business Detail

Business Type

Subchapter S Corporation

NAICS

722511

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.