PPP Loan information for Rex md inc

$103,617

Rex md inc was initially approved for PPP Loan of amount $103,617, the current approved amount is $103,617. The loan was approved on 02/11/2021 by The Community Bank of the Chesapeake reported 15 jobs and $103,617 was used to fund payroll.

Rex md inc is Existing or more than 2 years old

REX MD INC

Date Approved

02/11/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

REX MD INC

Borrower Address

22695 Washington St

Borrower City

Leonardtown

Borrower State

MD

Borrower Zip

20650-3848

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103617.00

Current Approval Amount

103617.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leonardtown

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20650-3848

CD

MD-05

Jobs Reported

15

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

103612.00

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

Subchapter S Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104934.21

Forgiveness Date

05/31/2022

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