PPP Loan information for Benefit indemnity corporation

$190,522

Benefit indemnity corporation was initially approved for PPP Loan of amount $190,522, the current approved amount is $190,522. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $190,522 was used to fund payroll.

Benefit indemnity corporation is New Business or 2 years or less

BENEFIT INDEMNITY CORPORATION

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

BENEFIT INDEMNITY CORPORATION

Borrower Address

303 ALLEGHENY AVE

Borrower City

TOWSON

Borrower State

MD

Borrower Zip

21204-4258

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190522.00

Current Approval Amount

190522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TOWSON

Project County Name

BALTIMORE

Project State

MD

Project Zip

21204-4258

CD

MD-02

Jobs Reported

9

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190522.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191879.14

Forgiveness Date

01/20/2021

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