PPP Loan information for Laurel racquet and health club inc

$53,400

Laurel racquet and health club inc was initially approved for PPP Loan of amount $53,400, the current approved amount is $53,400. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 20 jobs and $53,400 was used to fund payroll.

Laurel racquet and health club inc is Existing or more than 2 years old

PPP Loan Search / MD / Laurel / Laurel racquet and health club inc

LAUREL RACQUET AND HEALTH CLUB INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LAUREL RACQUET AND HEALTH CLUB INC

Borrower Address

204 Fort Meade Rd

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20707-4401

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53400.00

Current Approval Amount

53400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-4401

CD

MD-04

Jobs Reported

20

NAICS Code

713940

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53400.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53898.40

Forgiveness Date

05/04/2021

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