PPP Loan information for Locust lane farms inc.

$749,662

Locust lane farms inc. was initially approved for PPP Loan of amount $749,662, the current approved amount is $749,662. The loan was approved on 01/25/2021 by The Community Bank of the Chesapeake reported 65 jobs and $749,662 was used to fund payroll.

Locust lane farms inc. is Existing or more than 2 years old

PPP Loan Search / MD / Upper Marlboro / Locust lane farms inc.

LOCUST LANE FARMS INC.

Date Approved

01/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

LOCUST LANE FARMS INC.

Borrower Address

513 Commerce Dr

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20774-7434

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

749662.00

Current Approval Amount

749662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-7434

CD

MD-05

Jobs Reported

65

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

749660.00

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

Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

756480.84

Forgiveness Date

01/03/2022

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