PPP Loan information for Colornet printing and graphics inc

$602,000

Colornet printing and graphics inc was initially approved for PPP Loan of amount $602,002, the current approved amount is $602,000. The loan was approved on 04/13/2020 by The Atlantic Union Bank reported 43 jobs and $602,000 was used to fund payroll.

Colornet printing and graphics inc is New Business or 2 years or less

PPP Loan Search / MD / Rockville / Colornet printing and graphics inc

COLORNET PRINTING AND GRAPHICS INC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

COLORNET PRINTING AND GRAPHICS INC

Borrower Address

736 Rockville Pike

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20852-1100

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

602002.00

Current Approval Amount

602000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-1100

CD

MD-08

Jobs Reported

43

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

602000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

606531.72

Forgiveness Date

01/20/2021

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