PPP Loan information for 547 corporation

$194,200

547 corporation was initially approved for PPP Loan of amount $194,200, the current approved amount is $194,200. The loan was approved on 04/28/2020 by The Equity Bank reported 46 jobs and $194,200 was used to fund payroll.

547 corporation is Existing or more than 2 years old

547 CORPORATION

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

547 CORPORATION

Borrower Address

3601 Bladensburg Rd

Borrower City

Colmar Manor

Borrower State

MD

Borrower Zip

20722

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194200.00

Current Approval Amount

194200.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

25667

Servicing Lender Name

Equity Bank

Servicing Lender Address

345 N Andover Rd

Servicing Lender City

ANDOVER

Servicing Lender State

KS

Servicing Lender Zip

67002-9645

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Colmar Manor

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20722-0001

CD

MD-04

Jobs Reported

46

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194200.00

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

25667

Originating Lender

Equity Bank

Originating Lender City

ANDOVER

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196309.23

Forgiveness Date

06/04/2021

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