Date Approved
04/12/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
IMEM, INC.
Borrower Address
13210 WISTERIA DR
Borrower City
GERMANTOWN
Borrower State
MD
Borrower Zip
20874-2600
Loan Status Date
02/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
177430.47
Current Approval Amount
177430.48
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
342932
Servicing Lender Name
Forbright Bank
Servicing Lender Address
4445 Willard Ave Ste 1000
Servicing Lender City
CHEVY CHASE
Servicing Lender State
Servicing Lender Zip
20815-3690
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-06
Jobs Reported
17
NAICS Code
811111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
Veteran
Non Profit
Forgiveness Amount
178746.42
Forgiveness Date
01/19/2021