PPP Loan information for Cheverly associates lp

$251,860

Cheverly associates lp was initially approved for PPP Loan of amount $251,860, the current approved amount is $251,860. The loan was approved on 04/06/2020 by The Sandy Spring Bank reported 42 jobs and $251,860 was used to fund payroll.

Cheverly associates lp is Existing or more than 2 years old

PPP Loan Search / MD / HYATTSVILLE / Cheverly associates lp

CHEVERLY ASSOCIATES LP

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHEVERLY ASSOCIATES LP

Borrower Address

5811 Annapolis Road

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20784-1201

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251860.00

Current Approval Amount

251860.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HYATTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20784-1201

CD

MD-04

Jobs Reported

42

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

57348.00

Payroll Proceed

194512.00

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

Partnership

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253778.28

Forgiveness Date

01/20/2021

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