PPP Loan information for Interstate corporation

$562,600

Interstate corporation was initially approved for PPP Loan of amount $562,600, the current approved amount is $562,600. The loan was approved on 02/05/2021 by The Sandy Spring Bank reported 39 jobs and $562,600 was used to fund payroll.

Interstate corporation is Existing or more than 2 years old

PPP Loan Search / MD / Gaithersburg / Interstate corporation

INTERSTATE CORPORATION

Date Approved

02/05/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

INTERSTATE CORPORATION

Borrower Address

16031 Industrial Dr

Borrower City

Gaithersburg

Borrower State

MD

Borrower Zip

20877-1405

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562600.00

Current Approval Amount

562600.00

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

Gaithersburg

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1405

CD

MD-06

Jobs Reported

39

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

562600.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567933.14

Forgiveness Date

01/21/2022

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