PPP Loan information for 1970

$199,070

1970 was initially approved for PPP Loan of amount $199,070, the current approved amount is $199,070. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 12 jobs and $199,070 was used to fund payroll.

1970 is Existing or more than 2 years old

PPP Loan Search / MD / OLNEY / 1970

1970

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

1970

Borrower Address

16709 Norbrook Drive

Borrower City

OLNEY

Borrower State

MD

Borrower Zip

20832-2617

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199070.00

Current Approval Amount

199070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLNEY

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-2617

CD

MD-08

Jobs Reported

12

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3800.00

Payroll Proceed

170120.00

Mortgage Interest Proceed

0.00

Rent Proceed

5150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

200488.03

Forgiveness Date

01/14/2021

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