PPP Loan information for Rich morton's glen burnie lincoln mercury, inc

$518,000

Rich morton's glen burnie lincoln mercury, inc was initially approved for PPP Loan of amount $518,000, the current approved amount is $518,000. The loan was approved on 04/14/2020 by The Fulton Bank, National Association reported 35 jobs and $518,000 was used to fund payroll.

Rich morton's glen burnie lincoln mercury, inc is Existing or more than 2 years old

PPP Loan Search / MD / Pasadena / Rich morton's glen burnie lincoln mercury, inc

RICH MORTON'S GLEN BURNIE LINCOLN MERCURY, INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

RICH MORTON'S GLEN BURNIE LINCOLN MERCURY, INC

Borrower Address

51 Mountain Road

Borrower City

Pasadena

Borrower State

MD

Borrower Zip

21122

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

518000.00

Current Approval Amount

518000.00

Undisbursed Amount

0.00

Franchise Name

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

21122-0001

CD

MD-03

Jobs Reported

35

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

64750.00

Payroll Proceed

388500.00

Mortgage Interest Proceed

64750.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

524201.61

Forgiveness Date

06/30/2021

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