PPP Loan information for Classic settlements, inc.

$254,800

Classic settlements, inc. was initially approved for PPP Loan of amount $254,800, the current approved amount is $254,800. The loan was approved on 04/14/2020 by The Truist Bank reported 18 jobs and $254,800 was used to fund payroll.

Classic settlements, inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Classic settlements, inc.

CLASSIC SETTLEMENTS, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CLASSIC SETTLEMENTS, INC.

Borrower Address

6 MONTGOMERY VILLAGE AVE

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-3546

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254800.00

Current Approval Amount

254800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-3546

CD

MD-06

Jobs Reported

18

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257624.03

Forgiveness Date

06/02/2021

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