PPP Loan information for Severn enterprises llc

$70,340

Severn enterprises llc was initially approved for PPP Loan of amount $70,340, the current approved amount is $70,340. The loan was approved on 02/24/2021 by The Sandy Spring Bank reported 15 jobs and $70,340 was used to fund payroll.

Severn enterprises llc is Existing or more than 2 years old

PPP Loan Search / MD / Lanham / Severn enterprises llc

SEVERN ENTERPRISES LLC

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

SEVERN ENTERPRISES LLC

Borrower Address

9050 Lanham Station Road

Borrower City

Lanham

Borrower State

MD

Borrower Zip

20706

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70340.00

Current Approval Amount

70340.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lanham

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20706

CD

MD-04

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70334.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70833.34

Forgiveness Date

11/22/2021

;