PPP Loan information for Prolam llc

$87,500

Prolam llc was initially approved for PPP Loan of amount $87,500, the current approved amount is $87,500. The loan was approved on 01/29/2021 by The Sandy Spring Bank reported 6 jobs and $87,500 was used to fund payroll.

Prolam llc is Existing or more than 2 years old

PROLAM LLC

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PROLAM LLC

Borrower Address

555A Commerce Dr

Borrower City

Upper Marlboro

Borrower State

MD

Borrower Zip

20774-7413

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

87500.00

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

Upper Marlboro

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20774-7413

CD

MD-05

Jobs Reported

6

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87498.00

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

Limited Liability Company(LLC)

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

87979.45

Forgiveness Date

08/25/2021

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