# PPP loan: OC FREDDIES LLC
> **$940K** approved 02/05/2021 · Paid in Full · Loan `4060608407`
## Borrower
- **Name:** OC FREDDIES LLC
- **Address:** 105 64th St, Ocean City, MD, 21842-5203
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $952K (101%)
- **Forgiveness date:** 05/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $940K
- **Utilities:** $1
- **Jobs reported:** 100
## Lender
- **Originating:** Hebron Savings Bank
- **Servicing:** Hebron Savings Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*