PPP Loan information for Potomac foods company iii, inc.

$1,426,300

Potomac foods company iii, inc. was initially approved for PPP Loan of amount $1,426,300, the current approved amount is $1,426,300. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 354 jobs and $1,426,300 was used to fund payroll.

Potomac foods company iii, inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Potomac foods company iii, inc.

POTOMAC FOODS COMPANY III, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POTOMAC FOODS COMPANY III, INC.

Borrower Address

7611-N Rickenbacker Drive

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1426300.00

Current Approval Amount

1426300.00

Undisbursed Amount

0.00

Franchise Name

Burger King

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

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-1100

CD

MD-06

Jobs Reported

354

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

356575.00

Payroll Proceed

1069725.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1444314.36

Forgiveness Date

07/29/2021

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