PPP Loan information for Potomac insurance, inc.

$198,785

Potomac insurance, inc. was initially approved for PPP Loan of amount $198,785, the current approved amount is $198,785. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 13 jobs and $198,785 was used to fund payroll.

Potomac insurance, inc. is Existing or more than 2 years old

POTOMAC INSURANCE, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

POTOMAC INSURANCE, INC.

Borrower Address

15825 Shady Grove Road Suite 170

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198785.00

Current Approval Amount

198785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

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

20850-0200

CD

MD-08

Jobs Reported

13

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154562.00

Mortgage Interest Proceed

0.00

Rent Proceed

10563.00

Refinance EIDL Proceed

0.00

Health Care Proceed

29059.00

Debt Interest Proceed

4601

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200729.28

Forgiveness Date

04/15/2021

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