PPP Loan information for Momentum unlimited, inc.

$497,697

Momentum unlimited, inc. was initially approved for PPP Loan of amount $497,697, the current approved amount is $497,697. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 29 jobs and $497,697 was used to fund payroll.

Momentum unlimited, inc. is Existing or more than 2 years old

MOMENTUM UNLIMITED, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MOMENTUM UNLIMITED, INC.

Borrower Address

6101 Executive Blvd Suite 240

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-3900

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497697.00

Current Approval Amount

497697.00

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

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-3900

CD

MD-08

Jobs Reported

29

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3264.00

Payroll Proceed

407867.00

Mortgage Interest Proceed

0.00

Rent Proceed

21110.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65456.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

501937.65

Forgiveness Date

02/26/2021

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