PPP Loan information for Potomac distilling company llc

$542,370

Potomac distilling company llc was initially approved for PPP Loan of amount $542,370, the current approved amount is $542,370. The loan was approved on 02/06/2021 by The Sandy Spring Bank reported 34 jobs and $542,370 was used to fund payroll.

Potomac distilling company llc is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Potomac distilling company llc

POTOMAC DISTILLING COMPANY LLC

Date Approved

02/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

POTOMAC DISTILLING COMPANY LLC

Borrower Address

1130 Maine Ave SW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20024-2417

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542370.00

Current Approval Amount

542370.00

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

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20024-2417

CD

DC-

Jobs Reported

34

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

542365.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

547392.49

Forgiveness Date

01/13/2022

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