PPP Loan information for Elite restoration of maryland, inc.

$242,600

Elite restoration of maryland, inc. was initially approved for PPP Loan of amount $242,600, the current approved amount is $242,600. The loan was approved on 04/13/2020 by The Meridian Bank reported 14 jobs and $242,600 was used to fund payroll.

Elite restoration of maryland, inc. is Existing or more than 2 years old

ELITE RESTORATION OF MARYLAND, INC.

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ELITE RESTORATION OF MARYLAND, INC.

Borrower Address

1620 St Agnes Lane

Borrower City

GWYNN OAK

Borrower State

MD

Borrower Zip

21207-6555

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

242600.00

Current Approval Amount

242600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GWYNN OAK

Project County Name

BALTIMORE

Project State

MD

Project Zip

21207-6555

CD

MD-07

Jobs Reported

14

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

236635.00

Mortgage Interest Proceed

0.00

Rent Proceed

1800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1765

Business Type

Corporation

Originating Lender Location Id

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244168.59

Forgiveness Date

12/10/2020

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