PPP Loan information for Penney design group, llc

$427,000

Penney design group, llc was initially approved for PPP Loan of amount $427,000, the current approved amount is $427,000. The loan was approved on 04/07/2020 by The United Bank reported 30 jobs and $427,000 was used to fund payroll.

Penney design group, llc is Existing or more than 2 years old

PENNEY DESIGN GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PENNEY DESIGN GROUP, LLC

Borrower Address

8120 WOODMONT AVE Suite 410

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-2706

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

427000.00

Current Approval Amount

427000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-2706

CD

MD-08

Jobs Reported

30

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

427000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

431590.25

Forgiveness Date

05/13/2021

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