Date Approved
02/04/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
LAVALE MANAGEMENT INC
Borrower Address
12310 Winchester Rd SW
Borrower City
Lavale
Borrower State
MD
Borrower Zip
21502-6546
Loan Status Date
03/24/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
17220.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Motel 6
Servicing Lender Location Id
434059
Servicing Lender Name
Primis Bank
Servicing Lender Address
307 Church Lane
Servicing Lender City
TAPPAHANNOCK
Servicing Lender State
VA
Servicing Lender Zip
22560
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALLEGANY
Project State
Project Zip
CD
MD-06
Jobs Reported
7
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
17381.82
Forgiveness Date
01/21/2022