PPP Loan information for Beem irrigation, inc.

$637,765

Beem irrigation, inc. was initially approved for PPP Loan of amount $637,765, the current approved amount is $637,765. The loan was approved on 04/11/2020 by The Sandy Spring Bank reported 55 jobs and $637,765 was used to fund payroll.

Beem irrigation, inc. is Existing or more than 2 years old

BEEM IRRIGATION, INC.

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BEEM IRRIGATION, INC.

Borrower Address

7935 OLD JESSUP RD

Borrower City

JESSUP

Borrower State

MD

Borrower Zip

20794-9563

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

637765.00

Current Approval Amount

637765.00

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

JESSUP

Project County Name

HOWARD

Project State

MD

Project Zip

20794-9563

CD

MD-03

Jobs Reported

55

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

637765.00

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

Subchapter S Corporation

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

644876.52

Forgiveness Date

06/03/2021

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