PPP Loan information for Dmv insurance agency

$49,845

Dmv insurance agency was initially approved for PPP Loan of amount $49,845, the current approved amount is $49,845. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $49,845 was used to fund payroll.

Dmv insurance agency is New Business or 2 years or less

PPP Loan Search / MD / LANHAM / Dmv insurance agency

DMV INSURANCE AGENCY

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DMV INSURANCE AGENCY

Borrower Address

8855 ANNAPOLIS RD STE 200

Borrower City

LANHAM

Borrower State

MD

Borrower Zip

20706-2942

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49845.00

Current Approval Amount

49845.00

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

Y

Business Age Description

New Business or 2 years or less

Project City

LANHAM

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20706-2942

CD

MD-04

Jobs Reported

8

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49845.00

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

50268.34

Forgiveness Date

03/10/2021

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