PPP Loan information for Ml management

$707,063

Ml management was initially approved for PPP Loan of amount $386,885, the current approved amount is $707,063. The loan was approved on 04/14/2020 by The Old Dominion National Bank reported 150 jobs and $707,063 was used to fund payroll.

Ml management is Existing or more than 2 years old

ML MANAGEMENT

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ML MANAGEMENT

Borrower Address

8568 DAKOTA DR

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877-4138

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

386885.00

Current Approval Amount

707063.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-4138

CD

MD-06

Jobs Reported

150

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

707063.00

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

715257.18

Forgiveness Date

06/22/2021

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