PPP Loan information for Myvel associates inc

$52,545

Myvel associates inc was initially approved for PPP Loan of amount $52,545, the current approved amount is $52,545. The loan was approved on 01/25/2021 by The Sandy Spring Bank reported 12 jobs and $52,545 was used to fund payroll.

Myvel associates inc is Existing or more than 2 years old

PPP Loan Search / MD / Walkersville / Myvel associates inc

MYVEL ASSOCIATES INC

Date Approved

01/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MYVEL ASSOCIATES INC

Borrower Address

19 E Frederick St

Borrower City

Walkersville

Borrower State

MD

Borrower Zip

21793-8234

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52545.00

Current Approval Amount

52545.00

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

Walkersville

Project County Name

FREDERICK

Project State

MD

Project Zip

21793-8234

CD

MD-06

Jobs Reported

12

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52541.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52866.03

Forgiveness Date

09/09/2021

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