PPP Loan information for Passport imports inc

$1,448,589

Passport imports inc was initially approved for PPP Loan of amount $1,235,600, the current approved amount is $1,448,589. The loan was approved on 04/08/2020 by The Truist Bank reported 120 jobs and $1,448,589 was used to fund payroll.

Passport imports inc is Existing or more than 2 years old

PPP Loan Search / MD / SUITLAND / Passport imports inc

PASSPORT IMPORTS INC

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PASSPORT IMPORTS INC

Borrower Address

5001 Auth Way

Borrower City

SUITLAND

Borrower State

MD

Borrower Zip

20746-4206

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1235600.00

Current Approval Amount

1448588.96

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUITLAND

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20746-4206

CD

MD-04

Jobs Reported

120

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1448588.96

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1458970.51

Forgiveness Date

12/31/2020

;