PPP Loan information for Lower shore enterprises inc.

$503,925

Lower shore enterprises inc. was initially approved for PPP Loan of amount $503,925, the current approved amount is $503,925. The loan was approved on 03/20/2021 by The Loan Source Incorporated reported 142 jobs and $503,925 was used to fund payroll.

Lower shore enterprises inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Lower shore enterprises inc.

LOWER SHORE ENTERPRISES INC.

Date Approved

03/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LOWER SHORE ENTERPRISES INC.

Borrower Address

28475 Owens Branch Rd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801-1761

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503925.00

Current Approval Amount

503925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-1761

CD

MD-01

Jobs Reported

142

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

503924.00

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

Non-Profit Organization

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

510344.87

Forgiveness Date

06/29/2022

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