# PPP loan: 25TH STREET DEVELOPMENT OF OCEAN CITY, LLC
> **$206K** approved 01/16/2021 · Paid in Full · Loan `1154418308`
## Borrower
- **Name:** 25TH STREET DEVELOPMENT OF OCEAN CITY, LLC
- **Address:** 212 W Route 38, Moorestown, NJ, 08057-3238
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** The Queenstown Bank of Maryland
- **Servicing:** The Queenstown Bank of Maryland (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*