PPP Loan information for Pems service & repair,inc

$185,000

Pems service & repair,inc was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,000. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 15 jobs and $185,000 was used to fund payroll.

Pems service & repair,inc is Existing or more than 2 years old

PPP Loan Search / MD / EDGEWATER / Pems service & repair,inc

PEMS SERVICE & REPAIR,INC

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PEMS SERVICE & REPAIR,INC

Borrower Address

180 Mayo Rd

Borrower City

EDGEWATER

Borrower State

MD

Borrower Zip

21037-1811

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

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

EDGEWATER

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21037-1811

CD

MD-05

Jobs Reported

15

NAICS Code

221310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185000.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186966.58

Forgiveness Date

05/11/2021

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