PPP Loan information for Custom towing, inc.

$75,000

Custom towing, inc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 08/03/2020 by The Sandy Spring Bank reported 20 jobs and $75,000 was used to fund payroll.

Custom towing, inc. is Existing or more than 2 years old

CUSTOM TOWING, INC.

Date Approved

08/03/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CUSTOM TOWING, INC.

Borrower Address

375 Derwood Circle Unit G

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-1370

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

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

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-1370

CD

MD-08

Jobs Reported

20

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

75519.86

Forgiveness Date

04/15/2021

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