PPP Loan information for New olde towne inn

$216,250

New olde towne inn was initially approved for PPP Loan of amount $216,250, the current approved amount is $216,250. The loan was approved on 06/02/2020 by The Celtic Bank Corporation reported 12 jobs and $216,250 was used to fund payroll.

New olde towne inn is Existing or more than 2 years old

NEW OLDE TOWNE INN

Date Approved

06/02/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

NEW OLDE TOWNE INN

Borrower Address

14745 Main Street

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20772-3014

Loan Status Date

01/21/2022

Loan Status

Charged Off

Term

4

SBA Guaranty Percentage

100

Initial Approval Amount

216250.00

Current Approval Amount

216250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20772-3014

CD

MD-05

Jobs Reported

12

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

27031.25

Payroll Proceed

162187.50

Mortgage Interest Proceed

0.00

Rent Proceed

27031.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;