Date Approved
04/11/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
RACHELS TREATS LLC
Borrower Address
7211 Muncaster Mill Rd
Borrower City
DERWOOD
Borrower State
MD
Borrower Zip
20855-1216
Loan Status Date
05/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
7300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Rita's Ice-Custard-Happiness
Servicing Lender Location Id
30872
Servicing Lender Name
Sandy Spring Bank
Servicing Lender Address
17801 Georgia Ave
Servicing Lender City
OLNEY
Servicing Lender State
Servicing Lender Zip
20832-2233
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-08
Jobs Reported
2
NAICS Code
311520
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
7373.00
Forgiveness Date
04/23/2021