PPP Loan information for Patents ink, incorporated

$414,300

Patents ink, incorporated was initially approved for PPP Loan of amount $414,300, the current approved amount is $414,300. The loan was approved on 04/09/2020 by The Farmers & Merchants Bank reported 44 jobs and $414,300 was used to fund payroll.

Patents ink, incorporated is Existing or more than 2 years old

PATENTS INK, INCORPORATED

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PATENTS INK, INCORPORATED

Borrower Address

3635 Old Court Road, Ste 610

Borrower City

PIKESVILLE

Borrower State

MD

Borrower Zip

21208-3915

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414300.00

Current Approval Amount

414300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PIKESVILLE

Project County Name

BALTIMORE

Project State

MD

Project Zip

21208-3915

CD

MD-02

Jobs Reported

44

NAICS Code

541340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

414300.00

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

416774.45

Forgiveness Date

11/25/2020

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