PPP Loan information for Eldersburg sales service and repair

$50,680

Eldersburg sales service and repair was initially approved for PPP Loan of amount $50,680, the current approved amount is $50,680. The loan was approved on 04/27/2020 by The Farmers & Merchants Bank reported 10 jobs and $50,680 was used to fund payroll.

Eldersburg sales service and repair is Existing or more than 2 years old

ELDERSBURG SALES SERVICE AND REPAIR

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ELDERSBURG SALES SERVICE AND REPAIR

Borrower Address

2025 Liberty Rd

Borrower City

HYATTSVILLE

Borrower State

MD

Borrower Zip

20784

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50680.00

Current Approval Amount

50680.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

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

20784-0001

CD

MD-04

Jobs Reported

10

NAICS Code

333112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50680.00

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

Sole Proprietorship

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51089.61

Forgiveness Date

02/25/2021

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