PPP Loan information for The inn at 1600

$391,790

The inn at 1600 was initially approved for PPP Loan of amount $391,790, the current approved amount is $391,790. The loan was approved on 01/25/2021 by The Fulton Bank, National Association reported 50 jobs and $391,790 was used to fund payroll.

The inn at 1600 is Existing or more than 2 years old

THE INN AT 1600

Date Approved

01/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

THE INN AT 1600

Borrower Address

1600 Frederick Rd

Borrower City

Catonsville

Borrower State

MD

Borrower Zip

21228-5021

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

391790.00

Current Approval Amount

391790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Catonsville

Project County Name

BALTIMORE

Project State

MD

Project Zip

21228-5021

CD

MD-02

Jobs Reported

50

NAICS Code

721199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

391786.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

396158.73

Forgiveness Date

03/10/2022

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