PPP Loan information for Sarbhan hotels waldorf

$242,560

Sarbhan hotels waldorf was initially approved for PPP Loan of amount $242,560, the current approved amount is $242,560. The loan was approved on 03/09/2021 by The Community Bank of the Chesapeake reported 11 jobs and $242,560 was used to fund payroll.

Sarbhan hotels waldorf is Existing or more than 2 years old

PPP Loan Search / MD / Waldorf / Sarbhan hotels waldorf

SARBHAN HOTELS WALDORF

Date Approved

03/09/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SARBHAN HOTELS WALDORF

Borrower Address

11765 Business Park Dr

Borrower City

Waldorf

Borrower State

MD

Borrower Zip

20601-2955

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242560.00

Current Approval Amount

242560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waldorf

Project County Name

CHARLES

Project State

MD

Project Zip

20601-2955

CD

MD-05

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

242554.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

245470.72

Forgiveness Date

05/31/2022

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