# PPP loan: DUMSERS DRIVE-IN INC.
> **$300K** approved 03/13/2021 · Paid in Full · Loan `2017658602`
## Borrower
- **Name:** DUMSERS DRIVE-IN INC.
- **Address:** 501 S Philadelphia Ave, Ocean City, MD, 21842-4218
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** Bank of Ocean City
- **Servicing:** Bank of Ocean City (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*