PPP Loan information for Sandmar properties

$50,000

Sandmar properties was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/28/2020 by The United Bank reported 3 jobs and $50,000 was used to fund payroll.

Sandmar properties is Existing or more than 2 years old

SANDMAR PROPERTIES

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SANDMAR PROPERTIES

Borrower Address

14601 PETTIT WAY

Borrower City

POTOMAC

Borrower State

MD

Borrower Zip

20854-6012

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POTOMAC

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-6012

CD

MD-08

Jobs Reported

3

NAICS Code

531120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50376.39

Forgiveness Date

02/04/2021

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