PPP Loan information for Lock 7 development llc

$224,975

Lock 7 development llc was initially approved for PPP Loan of amount $224,975, the current approved amount is $224,975. The loan was approved on 02/12/2021 by The Capital Bank, National Association reported 12 jobs and $224,975 was used to fund payroll.

Lock 7 development llc is Existing or more than 2 years old

PPP Loan Search / MD / Chevy Chase / Lock 7 development llc

LOCK 7 DEVELOPMENT LLC

Date Approved

02/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

LOCK 7 DEVELOPMENT LLC

Borrower Address

5 E Melrose St

Borrower City

Chevy Chase

Borrower State

MD

Borrower Zip

20815-4203

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224975.37

Current Approval Amount

224975.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chevy Chase

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20815-4203

CD

MD-08

Jobs Reported

12

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

224975.37

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

Limited Liability Company(LLC)

Originating Lender Location Id

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

227037.64

Forgiveness Date

01/13/2022

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