PPP Loan information for Colonial equipment company

$298,330

Colonial equipment company was initially approved for PPP Loan of amount $298,330, the current approved amount is $298,330. The loan was approved on 02/03/2021 by The Sandy Spring Bank reported 22 jobs and $298,330 was used to fund payroll.

Colonial equipment company is Existing or more than 2 years old

PPP Loan Search / MD / Monrovia / Colonial equipment company

COLONIAL EQUIPMENT COMPANY

Date Approved

02/03/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

COLONIAL EQUIPMENT COMPANY

Borrower Address

5171 Intercoastal Ct

Borrower City

Monrovia

Borrower State

MD

Borrower Zip

21770-9518

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298330.00

Current Approval Amount

298330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monrovia

Project County Name

FREDERICK

Project State

MD

Project Zip

21770-9518

CD

MD-06

Jobs Reported

22

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

298328.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

300536.82

Forgiveness Date

11/03/2021

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