PPP Loan information for Cpe inc.

$564,090

Cpe inc. was initially approved for PPP Loan of amount $564,090, the current approved amount is $564,090. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 50 jobs and $564,090 was used to fund payroll.

Cpe inc. is Existing or more than 2 years old

CPE INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CPE INC.

Borrower Address

8131 Dorsey Run Road

Borrower City

JESSUP

Borrower State

MD

Borrower Zip

20794-9327

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564090.00

Current Approval Amount

564090.00

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

20794-9327

CD

MD-03

Jobs Reported

50

NAICS Code

238990

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1501.44

Payroll Proceed

558499.70

Mortgage Interest Proceed

4088.86

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

568880.90

Forgiveness Date

02/25/2021

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