PPP Loan information for Hite associates

$567,100

Hite associates was initially approved for PPP Loan of amount $567,100, the current approved amount is $567,100. The loan was approved on 04/07/2020 by The First United Bank & Trust reported 30 jobs and $567,100 was used to fund payroll.

Hite associates is Existing or more than 2 years old

PPP Loan Search / MD / CUMBERLAND / Hite associates

HITE ASSOCIATES

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HITE ASSOCIATES

Borrower Address

PO Box 1273

Borrower City

CUMBERLAND

Borrower State

MD

Borrower Zip

21501

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567100.00

Current Approval Amount

567100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

ALLEGANY

Project State

MD

Project Zip

21501-0001

CD

MD-06

Jobs Reported

30

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

567100.00

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

Subchapter S Corporation

Originating Lender Location Id

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

570534.11

Forgiveness Date

11/23/2020

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