Date Approved
01/22/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
FREESTATE LODGING INC
Borrower Address
9700 Washington Blvd N
Borrower City
Laurel
Borrower State
MD
Borrower Zip
20723-1360
Loan Status Date
12/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
54208.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels
Servicing Lender Location Id
30660
Servicing Lender Name
The Bank of Glen Burnie
Servicing Lender Address
101 Crain Hwy SE
Servicing Lender City
GLEN BURNIE
Servicing Lender State
Servicing Lender Zip
21061-3527
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HOWARD
Project State
Project Zip
CD
MD-03
Jobs Reported
10
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
54204.00
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
Unanswered
Veteran
Non Profit
Forgiveness Amount
54625.10
Forgiveness Date
10/27/2021