PPP Loan information for Lawrence stables inc

$54,500

Lawrence stables inc was initially approved for PPP Loan of amount $54,500, the current approved amount is $54,500. The loan was approved on 03/09/2021 by The Cecil Bank reported 9 jobs and $54,500 was used to fund payroll.

Lawrence stables inc is Existing or more than 2 years old

LAWRENCE STABLES INC

Date Approved

03/09/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

LAWRENCE STABLES INC

Borrower Address

506 Training Center Dr

Borrower City

Elkton

Borrower State

MD

Borrower Zip

21921-2127

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54500.00

Current Approval Amount

54500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88670

Servicing Lender Name

Cecil Bank

Servicing Lender Address

127 N St

Servicing Lender City

ELKTON

Servicing Lender State

MD

Servicing Lender Zip

21921-5510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkton

Project County Name

CECIL

Project State

MD

Project Zip

21921-2127

CD

MD-01

Jobs Reported

9

NAICS Code

112920

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54498.00

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

88670

Originating Lender

Cecil Bank

Originating Lender City

ELKTON

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55083.82

Forgiveness Date

04/12/2022

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