PPP Loan information for Cbi of maryland inc

$341,600

Cbi of maryland inc was initially approved for PPP Loan of amount $341,600, the current approved amount is $341,600. The loan was approved on 05/26/2021 by The Republic Bank of Chicago reported 55 jobs and $341,600 was used to fund payroll.

Cbi of maryland inc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Cbi of maryland inc

CBI OF MARYLAND INC

Date Approved

05/26/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

CBI OF MARYLAND INC

Borrower Address

13647 Georgia Ave

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20906-5214

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

341600.00

Current Approval Amount

341600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21059

Servicing Lender Name

Republic Bank of Chicago

Servicing Lender Address

2221 Camden Court

Servicing Lender City

OAK BROOK

Servicing Lender State

IL

Servicing Lender Zip

60523-1273

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20906-5214

CD

MD-08

Jobs Reported

55

NAICS Code

522298

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

341597.00

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

21059

Originating Lender

Republic Bank of Chicago

Originating Lender City

OAK BROOK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

343867.84

Forgiveness Date

01/28/2022

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