PPP Loan information for Maryland iron inc

$167,693

Maryland iron inc was initially approved for PPP Loan of amount $167,693, the current approved amount is $167,693. The loan was approved on 02/09/2021 by The Summit Community Bank, Inc. reported 11 jobs and $167,693 was used to fund payroll.

Maryland iron inc is Existing or more than 2 years old

MARYLAND IRON INC

Date Approved

02/09/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MARYLAND IRON INC

Borrower Address

145 8th Ave NW

Borrower City

Glen Burnie

Borrower State

MD

Borrower Zip

21061

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167692.50

Current Approval Amount

167692.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glen Burnie

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21061

CD

MD-02

Jobs Reported

11

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

167690.50

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

Subchapter S Corporation

Originating Lender Location Id

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168535.62

Forgiveness Date

08/11/2021

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