PPP Loan information for Potomac dental center

$125,000

Potomac dental center was initially approved for PPP Loan of amount $149,500, the current approved amount is $125,000. The loan was approved on 04/15/2020 by The Customers Bank reported 8 jobs and $125,000 was used to fund payroll.

Potomac dental center is Existing or more than 2 years old

POTOMAC DENTAL CENTER

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POTOMAC DENTAL CENTER

Borrower Address

11404 Old Georgetown Road #201

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20852

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149500.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

20852-1000

CD

MD-08

Jobs Reported

8

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126020.55

Forgiveness Date

03/02/2021

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