PPP Loan information for Petroleum recovery & remediation management, inc.

$897,000

Petroleum recovery & remediation management, inc. was initially approved for PPP Loan of amount $897,000, the current approved amount is $897,000. The loan was approved on 04/13/2020 by The Sandy Spring Bank reported 62 jobs and $897,000 was used to fund payroll.

Petroleum recovery & remediation management, inc. is Existing or more than 2 years old

PETROLEUM RECOVERY & REMEDIATION MANAGEMENT, INC.

Date Approved

04/13/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PETROLEUM RECOVERY & REMEDIATION MANAGEMENT, INC.

Borrower Address

2138 Priest Bridge Ct., Suite 10

Borrower City

CROFTON

Borrower State

MD

Borrower Zip

21114-2450

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

897000.00

Current Approval Amount

897000.00

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

CROFTON

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21114-2450

CD

MD-05

Jobs Reported

62

NAICS Code

562910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

224250.00

Payroll Proceed

672750.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

904200.58

Forgiveness Date

02/09/2021

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