PPP Loan information for Luis group management llc

$2,000,000

Luis group management llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The MVB Bank, Inc. reported 286 jobs and $2,000,000 was used to fund payroll.

Luis group management llc is Existing or more than 2 years old

LUIS GROUP MANAGEMENT LLC

Date Approved

02/04/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

LUIS GROUP MANAGEMENT LLC

Borrower Address

13810 Connecticut Ave

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20906-2917

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Dunkin' Donuts

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-2917

CD

MD-08

Jobs Reported

286

NAICS Code

722513

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019888.89

Forgiveness Date

02/07/2022

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