PPP Loan information for Vorbeck materials

$353,400

Vorbeck materials was initially approved for PPP Loan of amount $353,400, the current approved amount is $353,400. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 19 jobs and $353,400 was used to fund payroll.

Vorbeck materials is Existing or more than 2 years old

VORBECK MATERIALS

Date Approved

04/12/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

VORBECK MATERIALS

Borrower Address

8306 PATUXENT RANGE RD

Borrower City

JESSUP

Borrower State

MD

Borrower Zip

20794-8609

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

353400.00

Current Approval Amount

353400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JESSUP

Project County Name

HOWARD

Project State

MD

Project Zip

20794-8609

CD

MD-03

Jobs Reported

19

NAICS Code

325910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

353400.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357984.38

Forgiveness Date

07/29/2021

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