PPP Loan information for Picture frame inc

$36,055

Picture frame inc was initially approved for PPP Loan of amount $31,533, the current approved amount is $36,055. The loan was approved on 02/13/2021 by The Sandy Spring Bank reported 5 jobs and $36,055 was used to fund payroll.

Picture frame inc is Existing or more than 2 years old

PICTURE FRAME INC

Date Approved

02/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PICTURE FRAME INC

Borrower Address

11913 CHAPMAN AVE

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-2684

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31533.00

Current Approval Amount

36055.00

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

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852

CD

MD-06

Jobs Reported

5

NAICS Code

811490

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36055.00

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

36338.50

Forgiveness Date

12/01/2021

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