PPP Loan information for Paul j. rach inc

$648,605

Paul j. rach inc was initially approved for PPP Loan of amount $648,605, the current approved amount is $648,605. The loan was approved on 01/31/2021 by The Sandy Spring Bank reported 52 jobs and $648,605 was used to fund payroll.

Paul j. rach inc is Existing or more than 2 years old

PAUL J. RACH INC

Date Approved

01/31/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

PAUL J. RACH INC

Borrower Address

1115 Middle River Rd

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21220-2407

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

648605.00

Current Approval Amount

648605.00

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

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE

Project State

MD

Project Zip

21220-2407

CD

MD-02

Jobs Reported

52

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

648605.00

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

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

655748.54

Forgiveness Date

03/15/2022

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