PPP Loan information for 1955 automotive group

$122,300

1955 automotive group was initially approved for PPP Loan of amount $122,300, the current approved amount is $122,300. The loan was approved on 04/08/2020 by The Farmers & Merchants Bank reported 8 jobs and $122,300 was used to fund payroll.

1955 automotive group is Existing or more than 2 years old

PPP Loan Search / MD / LUTHERVILLE TIMONIUM / 1955 automotive group

1955 AUTOMOTIVE GROUP

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

1955 AUTOMOTIVE GROUP

Borrower Address

1955 Greenspring Drive

Borrower City

LUTHERVILLE TIMONIUM

Borrower State

MD

Borrower Zip

21093-4113

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122300.00

Current Approval Amount

122300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUTHERVILLE TIMONIUM

Project County Name

BALTIMORE

Project State

MD

Project Zip

21093-4113

CD

MD-02

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123817.86

Forgiveness Date

07/14/2021

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