PPP Loan information for Rich mortons' glen burnie lincoln mercury inc.

$517,500

Rich mortons' glen burnie lincoln mercury inc. was initially approved for PPP Loan of amount $517,500, the current approved amount is $517,500. The loan was approved on 02/05/2021 by The Fulton Bank, National Association reported 38 jobs and $517,500 was used to fund payroll.

Rich mortons' glen burnie lincoln mercury inc. is Existing or more than 2 years old

RICH MORTONS' GLEN BURNIE LINCOLN MERCURY INC.

Date Approved

02/05/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RICH MORTONS' GLEN BURNIE LINCOLN MERCURY INC.

Borrower Address

51 Mountain Rd

Borrower City

Pasadena

Borrower State

MD

Borrower Zip

21122-1008

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

517500.00

Current Approval Amount

517500.00

Undisbursed Amount

0.00

Franchise Name

Mazda North American Operations Dealer Agreement

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21122-1008

CD

MD-03

Jobs Reported

38

NAICS Code

454390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

517498.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

521810.14

Forgiveness Date

12/08/2021

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