PPP Loan information for Independent industries, inc.

$111,272

Independent industries, inc. was initially approved for PPP Loan of amount $111,272, the current approved amount is $111,272. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 20 jobs and $111,272 was used to fund payroll.

Independent industries, inc. is New Business or 2 years or less

INDEPENDENT INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

INDEPENDENT INDUSTRIES, INC.

Borrower Address

10 W COLLEGE TER STE 130

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21701-4954

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111272.00

Current Approval Amount

111272.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-4954

CD

MD-06

Jobs Reported

20

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111272.00

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

112073.77

Forgiveness Date

01/25/2021

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