PPP Loan information for Caltort development corporation

$415,548

Caltort development corporation was initially approved for PPP Loan of amount $415,548, the current approved amount is $415,548. The loan was approved on 01/31/2021 by The Forbright Bank reported 30 jobs and $415,548 was used to fund payroll.

Caltort development corporation is Existing or more than 2 years old

PPP Loan Search / MD / Potomac / Caltort development corporation

CALTORT DEVELOPMENT CORPORATION

Date Approved

01/31/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CALTORT DEVELOPMENT CORPORATION

Borrower Address

7825 Tuckerman Ln Ste 214

Borrower City

Potomac

Borrower State

MD

Borrower Zip

20854-3241

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

415548.00

Current Approval Amount

415548.00

Undisbursed Amount

0.00

Franchise Name

California Tortilla

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Potomac

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20854-3241

CD

MD-08

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

415545.00

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

Subchapter S Corporation

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

418629.98

Forgiveness Date

11/05/2021

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