PPP Loan information for Earn contractors inc.

$621,985

Earn contractors inc. was initially approved for PPP Loan of amount $621,985, the current approved amount is $621,985. The loan was approved on 04/27/2020 by The Bank of America, National Association reported 80 jobs and $621,985 was used to fund payroll.

Earn contractors inc. is Existing or more than 2 years old

PPP Loan Search / MD / GAITHERSBURG / Earn contractors inc.

EARN CONTRACTORS INC.

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

EARN CONTRACTORS INC.

Borrower Address

442 E DIAMOND AVE

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877-3018

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621985.00

Current Approval Amount

621985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

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

20877-3018

CD

MD-06

Jobs Reported

80

NAICS Code

541618

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

621985.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

625887.32

Forgiveness Date

12/22/2020

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