PPP Loan information for Mwb development iii llc

$188,800

Mwb development iii llc was initially approved for PPP Loan of amount $188,800, the current approved amount is $188,800. The loan was approved on 02/22/2021 by The Sandy Spring Bank reported 22 jobs and $188,800 was used to fund payroll.

Mwb development iii llc is Existing or more than 2 years old

MWB DEVELOPMENT III LLC

Date Approved

02/22/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MWB DEVELOPMENT III LLC

Borrower Address

1888 Explorer St

Borrower City

Reston

Borrower State

VA

Borrower Zip

20190-5666

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188800.00

Current Approval Amount

188800.00

Undisbursed Amount

0.00

Franchise Name

Crafthouse

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

Reston

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-5666

CD

VA-11

Jobs Reported

22

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

188796.00

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

Limited Liability Company(LLC)

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

190858.70

Forgiveness Date

03/30/2022

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