PPP Loan information for Multicorp inc

$983,500

Multicorp inc was initially approved for PPP Loan of amount $983,500, the current approved amount is $983,500. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 100 jobs and $983,500 was used to fund payroll.

Multicorp inc is Existing or more than 2 years old

MULTICORP INC

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MULTICORP INC

Borrower Address

9693 GERWIG LN Suite O

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21046-1520

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983500.00

Current Approval Amount

983500.00

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

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21046-1520

CD

MD-03

Jobs Reported

100

NAICS Code

922160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

983500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

995787.01

Forgiveness Date

07/21/2021

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