PPP Loan information for Atlantic machinery inc

$356,300

Atlantic machinery inc was initially approved for PPP Loan of amount $356,300, the current approved amount is $356,300. The loan was approved on 01/29/2021 by The Sandy Spring Bank reported 15 jobs and $356,300 was used to fund payroll.

Atlantic machinery inc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Atlantic machinery inc

ATLANTIC MACHINERY INC

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ATLANTIC MACHINERY INC

Borrower Address

2628 Garfield Ave

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-1811

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

356300.00

Current Approval Amount

356300.00

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

20910-1811

CD

MD-08

Jobs Reported

15

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356300.00

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

Corporation

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

359355.39

Forgiveness Date

12/14/2021

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