PPP Loan information for Shannon & luchs insurance agency, inc.

$143,688

Shannon & luchs insurance agency, inc. was initially approved for PPP Loan of amount $143,688, the current approved amount is $143,688. The loan was approved on 04/27/2020 by The Forbright Bank reported 9 jobs and $143,688 was used to fund payroll.

Shannon & luchs insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Shannon & luchs insurance agency, inc.

SHANNON & LUCHS INSURANCE AGENCY, INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SHANNON & LUCHS INSURANCE AGENCY, INC.

Borrower Address

400 PROFESSIONAL DR. SUITE 100

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-3440

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

143688.00

Current Approval Amount

143688.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-3440

CD

MD-06

Jobs Reported

9

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143688.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

144705.79

Forgiveness Date

01/12/2021

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