PPP Loan information for 531 inc.

$102,700

531 inc. was initially approved for PPP Loan of amount $102,700, the current approved amount is $102,700. The loan was approved on 01/19/2021 by The Harford Bank reported 34 jobs and $102,700 was used to fund payroll.

531 inc. is Existing or more than 2 years old

PPP Loan Search / MD / Havre de Grace / 531 inc.

531 INC.

Date Approved

01/19/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

531 INC.

Borrower Address

209 N Washington St

Borrower City

Havre de Grace

Borrower State

MD

Borrower Zip

21078-2908

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102700.00

Current Approval Amount

102700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29905

Servicing Lender Name

Harford Bank

Servicing Lender Address

8 W Bel Air Ave

Servicing Lender City

ABERDEEN

Servicing Lender State

MD

Servicing Lender Zip

21001-3235

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Havre de Grace

Project County Name

HARFORD

Project State

MD

Project Zip

21078-2908

CD

MD-01

Jobs Reported

34

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102697.00

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

29905

Originating Lender

Harford Bank

Originating Lender City

ABERDEEN

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103992.31

Forgiveness Date

04/26/2022

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