PPP Loan information for Banner management, inc.

$1,286,400

Banner management, inc. was initially approved for PPP Loan of amount $1,286,400, the current approved amount is $1,286,400. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 425 jobs and $1,286,400 was used to fund payroll.

Banner management, inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Banner management, inc.

BANNER MANAGEMENT, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

BANNER MANAGEMENT, INC.

Borrower Address

443 Frederick Avenue

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1286400.00

Current Approval Amount

1286400.00

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

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1000

CD

MD-08

Jobs Reported

425

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

321600.00

Payroll Proceed

964800.00

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

1303105.58

Forgiveness Date

08/12/2021

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