PPP Loan information for Arel properties llc

$20,833

Arel properties llc was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/04/2021 by The Sandy Spring Bank reported 1 jobs and $20,833 was used to fund payroll.

Arel properties llc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Arel properties llc

AREL PROPERTIES LLC

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AREL PROPERTIES LLC

Borrower Address

1501 Highland Dr

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-1527

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-1527

CD

MD-08

Jobs Reported

1

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20940.87

Forgiveness Date

08/16/2021

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