PPP Loan information for Basic development co., inc.

$20,833

Basic development co., inc. was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 1 jobs and $20,833 was used to fund payroll.

Basic development co., inc. is Existing or more than 2 years old

PPP Loan Search / MD / OWINGS MILLS / Basic development co., inc.

BASIC DEVELOPMENT CO., INC.

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BASIC DEVELOPMENT CO., INC.

Borrower Address

10999 RED RUN BLVD

Borrower City

OWINGS MILLS

Borrower State

MD

Borrower Zip

21117-3249

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

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

OWINGS MILLS

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-3249

CD

MD-02

Jobs Reported

1

NAICS Code

541715

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

Trust

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21036.76

Forgiveness Date

04/15/2021

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