PPP Loan information for Mahlet consulting inc

$472,000

Mahlet consulting inc was initially approved for PPP Loan of amount $472,000, the current approved amount is $472,000. The loan was approved on 02/14/2021 by The Sandy Spring Bank reported 14 jobs and $472,000 was used to fund payroll.

Mahlet consulting inc is Existing or more than 2 years old

MAHLET CONSULTING INC

Date Approved

02/14/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MAHLET CONSULTING INC

Borrower Address

4040 Blackburn Ln Ste 250

Borrower City

Burtonsville

Borrower State

MD

Borrower Zip

20866-6144

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

472000.00

Current Approval Amount

472000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Burtonsville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20866-6144

CD

MD-04

Jobs Reported

14

NAICS Code

541690

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

471997.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

474870.79

Forgiveness Date

09/28/2021

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