PPP Loan information for Gaithersburg farmers supply inc

$1,147,827

Gaithersburg farmers supply inc was initially approved for PPP Loan of amount $1,147,827, the current approved amount is $1,147,827. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 75 jobs and $1,147,827 was used to fund payroll.

Gaithersburg farmers supply inc is New Business or 2 years or less

GAITHERSBURG FARMERS SUPPLY INC

Date Approved

05/03/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

GAITHERSBURG FARMERS SUPPLY INC

Borrower Address

700 E DIAMOND AVE

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877-3065

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1147827.00

Current Approval Amount

1147827.00

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

New Business or 2 years or less

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-3065

CD

MD-06

Jobs Reported

75

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1147827.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1160657.50

Forgiveness Date

06/17/2021

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