Date Approved
04/14/2020
SBA Office Code
0373
Processing Method
PPP
Borrower Name
PAUL J. RACH INC
Borrower Address
1115 MIDDLE RIVER RD
Borrower City
MIDDLE RIVER
Borrower State
MD
Borrower Zip
21220-2407
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
648605.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
30872
Servicing Lender Name
Sandy Spring Bank
Servicing Lender Address
17801 Georgia Ave
Servicing Lender City
OLNEY
Servicing Lender State
Servicing Lender Zip
20832-2233
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BALTIMORE
Project State
Project Zip
CD
MD-02
Jobs Reported
47
NAICS Code
238110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
655428.68
Forgiveness Date
05/13/2021