PPP Loan information for Potomac steel inc.

$57,000

Potomac steel inc. was initially approved for PPP Loan of amount $57,000, the current approved amount is $57,000. The loan was approved on 01/31/2021 by The Sandy Spring Bank reported 6 jobs and $57,000 was used to fund payroll.

Potomac steel inc. is Existing or more than 2 years old

PPP Loan Search / VA / Springfield / Potomac steel inc.

POTOMAC STEEL INC.

Date Approved

01/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

POTOMAC STEEL INC.

Borrower Address

7801 Loisdale Rd

Borrower City

Springfield

Borrower State

VA

Borrower Zip

22150-2105

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57000.00

Current Approval Amount

57000.00

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

Springfield

Project County Name

FAIRFAX

Project State

VA

Project Zip

22150-2105

CD

VA-11

Jobs Reported

6

NAICS Code

444190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

56997.00

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

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57438.82

Forgiveness Date

11/22/2021

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