PPP Loan information for New german affiliate inc

$300,000

New german affiliate inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/10/2020 by The Atlantic Union Bank reported 28 jobs and $300,000 was used to fund payroll.

New german affiliate inc is Existing or more than 2 years old

PPP Loan Search / MD / ABERDEEN / New german affiliate inc

NEW GERMAN AFFILIATE INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NEW GERMAN AFFILIATE INC

Borrower Address

1615 PERRYMAN RD

Borrower City

ABERDEEN

Borrower State

MD

Borrower Zip

21001-4216

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

HARFORD

Project State

MD

Project Zip

21001-4216

CD

MD-01

Jobs Reported

28

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301941.67

Forgiveness Date

12/10/2020

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