PPP Loan information for Lemay associates

$398,873

Lemay associates was initially approved for PPP Loan of amount $398,873, the current approved amount is $398,873. The loan was approved on 04/14/2020 by The Sandy Spring Bank reported 19 jobs and $398,873 was used to fund payroll.

Lemay associates is Existing or more than 2 years old

LEMAY ASSOCIATES

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LEMAY ASSOCIATES

Borrower Address

ROGER BACON DR STE 16

Borrower City

RESTON

Borrower State

VA

Borrower Zip

20190-5201

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398873.00

Current Approval Amount

398873.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

RESTON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-5201

CD

VA-11

Jobs Reported

19

NAICS Code

541310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

398873.00

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

Partnership

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

403156.79

Forgiveness Date

05/21/2021

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