PPP Loan information for Patuxent management company inc.

$319,120

Patuxent management company inc. was initially approved for PPP Loan of amount $319,120, the current approved amount is $319,120. The loan was approved on 03/31/2021 by The Truist Bank reported 29 jobs and $319,120 was used to fund payroll.

Patuxent management company inc. is Existing or more than 2 years old

PATUXENT MANAGEMENT COMPANY INC.

Date Approved

03/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PATUXENT MANAGEMENT COMPANY INC.

Borrower Address

4500 Crain Hwy

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20716-3641

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

319119.99

Current Approval Amount

319119.99

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20716-3641

CD

MD-05

Jobs Reported

29

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

319114.99

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

322772.14

Forgiveness Date

05/19/2022

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