PPP Loan information for Safe brake shops inc

$193,120

Safe brake shops inc was initially approved for PPP Loan of amount $193,120, the current approved amount is $193,120. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $193,120 was used to fund payroll.

Safe brake shops inc is New Business or 2 years or less

PPP Loan Search / MD / SILVER SPRING / Safe brake shops inc

SAFE BRAKE SHOPS INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SAFE BRAKE SHOPS INC

Borrower Address

10753 COLUMBIA PIKE

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20901-4401

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193120.00

Current Approval Amount

193120.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20901-4401

CD

MD-08

Jobs Reported

13

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193120.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195612.04

Forgiveness Date

08/19/2021

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