PPP Loan information for Presidential heating & air con

$409,320

Presidential heating & air con was initially approved for PPP Loan of amount $409,320, the current approved amount is $409,320. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 28 jobs and $409,320 was used to fund payroll.

Presidential heating & air con is Existing or more than 2 years old

PRESIDENTIAL HEATING & AIR CON

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PRESIDENTIAL HEATING & AIR CON

Borrower Address

8000 Cessna Avenue

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20879-4119

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409320.00

Current Approval Amount

409320.00

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

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20879-4119

CD

MD-08

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

409320.00

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

412796.42

Forgiveness Date

02/25/2021

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