PPP Loan information for Artelye, inc.

$941,035

Artelye, inc. was initially approved for PPP Loan of amount $941,035, the current approved amount is $941,035. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 100 jobs and $941,035 was used to fund payroll.

Artelye, inc. is Existing or more than 2 years old

ARTELYE, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ARTELYE, INC.

Borrower Address

10116 Bacon Drive

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705-2101

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

941035.00

Current Approval Amount

941035.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-2101

CD

MD-04

Jobs Reported

100

NAICS Code

238140

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

43631.50

Payroll Proceed

835753.96

Mortgage Interest Proceed

0.00

Rent Proceed

61649.54

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

949233.61

Forgiveness Date

03/05/2021

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