PPP Loan information for Potomac massage training institute inc.

$80,600

Potomac massage training institute inc. was initially approved for PPP Loan of amount $80,600, the current approved amount is $80,600. The loan was approved on 02/03/2021 by The Sandy Spring Bank reported 40 jobs and $80,600 was used to fund payroll.

Potomac massage training institute inc. is Existing or more than 2 years old

POTOMAC MASSAGE TRAINING INSTITUTE INC.

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

POTOMAC MASSAGE TRAINING INSTITUTE INC.

Borrower Address

8380 Colesville Rd Ste 600

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-6259

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80600.00

Current Approval Amount

80600.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-6259

CD

MD-08

Jobs Reported

40

NAICS Code

611519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

80597.00

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

Non-Profit Organization

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

81163.10

Forgiveness Date

10/19/2021

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