PPP Loan information for German's corporation

$94,945

German's corporation was initially approved for PPP Loan of amount $94,945, the current approved amount is $94,945. The loan was approved on 02/13/2021 by The Capital Bank, National Association reported 15 jobs and $94,945 was used to fund payroll.

German's corporation is Existing or more than 2 years old

GERMAN'S CORPORATION

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GERMAN'S CORPORATION

Borrower Address

1500 University Blvd E

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20783-4654

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94944.50

Current Approval Amount

94944.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

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

20783-4654

CD

MD-04

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

94937.50

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

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95922.96

Forgiveness Date

02/25/2022

;