Date Approved
03/12/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
HERSON'S INC.
Borrower Address
15525 Frederick Rd
Borrower City
Rockville
Borrower State
MD
Borrower Zip
20855-2110
Loan Status Date
05/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1426157.60
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Honda Automobile Division - Dealer Sales and Service Agreement
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-08
Jobs Reported
123
NAICS Code
441110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1426154.60
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
Veteran
Non Profit
Forgiveness Amount
1441369.95
Forgiveness Date
04/05/2022