PPP Loan information for The mortgage link, inc

$561,583

The mortgage link, inc was initially approved for PPP Loan of amount $561,583, the current approved amount is $561,583. The loan was approved on 04/10/2020 by The FVCbank reported 43 jobs and $561,583 was used to fund payroll.

The mortgage link, inc is New Business or 2 years or less

THE MORTGAGE LINK, INC

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE MORTGAGE LINK, INC

Borrower Address

3 Research Place, Suite 103

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561582.50

Current Approval Amount

561582.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452208

Servicing Lender Name

FVCbank

Servicing Lender Address

11325 Random Hills Rd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-6051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

43

NAICS Code

522310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

561582.50

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

452208

Originating Lender

FVCbank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

570829.38

Forgiveness Date

12/17/2021

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