PPP Loan information for Lerch, early & brewer, chartered

$2,578,297

Lerch, early & brewer, chartered was initially approved for PPP Loan of amount $2,100,301, the current approved amount is $2,578,297. The loan was approved on 04/05/2020 by The EagleBank reported 114 jobs and $2,578,297 was used to fund payroll.

Lerch, early & brewer, chartered is Existing or more than 2 years old

LERCH, EARLY & BREWER, CHARTERED

Date Approved

04/05/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LERCH, EARLY & BREWER, CHARTERED

Borrower Address

7600 Wisconsin Ave Suite 700

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-3520

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2100301.00

Current Approval Amount

2578297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122873

Servicing Lender Name

EagleBank

Servicing Lender Address

7815 Woodmont Ave

Servicing Lender City

BETHESDA

Servicing Lender State

MD

Servicing Lender Zip

20814

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-3520

CD

MD-08

Jobs Reported

114

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16712.00

Payroll Proceed

2062638.00

Mortgage Interest Proceed

0.00

Rent Proceed

350376.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

148571

Business Type

Corporation

Originating Lender Location Id

122873

Originating Lender

EagleBank

Originating Lender City

BETHESDA

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2607732.56

Forgiveness Date

06/02/2021

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