PPP Loan information for Graeves auto & appliances inc.

$213,955

Graeves auto & appliances inc. was initially approved for PPP Loan of amount $213,955, the current approved amount is $213,955. The loan was approved on 02/03/2021 by The Sandy Spring Bank reported 16 jobs and $213,955 was used to fund payroll.

Graeves auto & appliances inc. is Existing or more than 2 years old

PPP Loan Search / MD / Olney / Graeves auto & appliances inc.

GRAEVES AUTO & APPLIANCES INC.

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

GRAEVES AUTO & APPLIANCES INC.

Borrower Address

3411 N High St

Borrower City

Olney

Borrower State

MD

Borrower Zip

20832-2201

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213955.00

Current Approval Amount

213955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olney

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20832-2201

CD

MD-08

Jobs Reported

16

NAICS Code

811412

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

213953.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

215572.85

Forgiveness Date

11/09/2021

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