PPP Loan information for Outsourceit

$275,862

Outsourceit was initially approved for PPP Loan of amount $275,862, the current approved amount is $275,862. The loan was approved on 01/23/2021 by The Community Bank of the Chesapeake reported 16 jobs and $275,862 was used to fund payroll.

Outsourceit is Existing or more than 2 years old

PPP Loan Search / MD / La Plata / Outsourceit

OUTSOURCEIT

Date Approved

01/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

OUTSOURCEIT

Borrower Address

6810 Crain Hwy

Borrower City

La Plata

Borrower State

MD

Borrower Zip

20646-5932

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275862.00

Current Approval Amount

275862.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Plata

Project County Name

CHARLES

Project State

MD

Project Zip

20646-5932

CD

MD-05

Jobs Reported

16

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

275860.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

278401.44

Forgiveness Date

01/03/2022

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