PPP Loan information for Standard restoration & waterproofing co.inc

$651,945

Standard restoration & waterproofing co.inc was initially approved for PPP Loan of amount $651,945, the current approved amount is $651,945. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 45 jobs and $651,945 was used to fund payroll.

Standard restoration & waterproofing co.inc is Existing or more than 2 years old

PPP Loan Search / MD / DISTRICT HEIGHTS / Standard restoration & waterproofing co.inc

STANDARD RESTORATION & WATERPROOFING CO.INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

STANDARD RESTORATION & WATERPROOFING CO.INC

Borrower Address

3005 Kaverton Road

Borrower City

DISTRICT HEIGHTS

Borrower State

MD

Borrower Zip

20747

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

651945.00

Current Approval Amount

651945.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DISTRICT HEIGHTS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20747-1000

CD

MD-04

Jobs Reported

45

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

162986.25

Payroll Proceed

488958.75

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

658750.23

Forgiveness Date

05/11/2021

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