Date Approved
02/25/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
D.R.S. AND ASSOCIATES INC.
Borrower Address
52 Winters St
Borrower City
Westminster
Borrower State
MD
Borrower Zip
21157-6492
Loan Status Date
05/17/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
78269.40
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
30550
Servicing Lender Name
Farmers & Merchants Bank
Servicing Lender Address
15226 Hanover Pike
Servicing Lender City
UPPERCO
Servicing Lender State
Servicing Lender Zip
21155-9749
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARROLL
Project State
Project Zip
CD
MD-02
Jobs Reported
8
NAICS Code
541330
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
78268.40
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
78591.06
Forgiveness Date
08/02/2021