PPP Loan information for Cbi of maryland inc

$463,795

Cbi of maryland inc was initially approved for PPP Loan of amount $603,133, the current approved amount is $463,795. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 64 jobs and $463,795 was used to fund payroll.

Cbi of maryland inc is New Business or 2 years or less

CBI OF MARYLAND INC

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CBI OF MARYLAND INC

Borrower Address

13647 GEORGIA AVE

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20906

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

603132.50

Current Approval Amount

463795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-1000

CD

MD-08

Jobs Reported

64

NAICS Code

522390

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

463795.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

469862.98

Forgiveness Date

08/13/2021

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