PPP Loan information for Patel's llc

$278,180

Patel's llc was initially approved for PPP Loan of amount $278,180, the current approved amount is $278,180. The loan was approved on 02/06/2021 by The Sandy Spring Bank reported 18 jobs and $278,180 was used to fund payroll.

Patel's llc is Existing or more than 2 years old

PPP Loan Search / MD / Laurel / Patel's llc

PATEL'S LLC

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

PATEL'S LLC

Borrower Address

9860 Washington Blvd N

Borrower City

Laurel

Borrower State

MD

Borrower Zip

20723-1930

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

278180.00

Current Approval Amount

278180.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

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

Laurel

Project County Name

HOWARD

Project State

MD

Project Zip

20723-1930

CD

MD-03

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

278175.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

281594.37

Forgiveness Date

05/03/2022

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