Date Approved
04/04/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
CHO FORMICA LOVE & ASSOCIATES PA
Borrower Address
3233 Superior Ln
Borrower City
Bowie
Borrower State
MD
Borrower Zip
20715-1920
Loan Status Date
10/19/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
64432.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
NJ
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PRINCE GEORGES
Project State
Project Zip
CD
MD-05
Jobs Reported
7
NAICS Code
621111
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
64429.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
64705.62
Forgiveness Date
09/08/2021