PPP Loan information for Montogomery beauty school, inc

$586,805

Montogomery beauty school, inc was initially approved for PPP Loan of amount $586,805, the current approved amount is $586,805. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 40 jobs and $586,805 was used to fund payroll.

Montogomery beauty school, inc is Existing or more than 2 years old

MONTOGOMERY BEAUTY SCHOOL, INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MONTOGOMERY BEAUTY SCHOOL, INC

Borrower Address

8745 piney branch rd Suite G

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20901

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586805.00

Current Approval Amount

586805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20901-1000

CD

MD-08

Jobs Reported

40

NAICS Code

611511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

73350.63

Payroll Proceed

440103.75

Mortgage Interest Proceed

73350.62

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

595968.80

Forgiveness Date

11/17/2021

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