Date Approved
05/18/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
ROY'S BODY SHOP INC.
Borrower Address
5400 New Expansion Dr
Borrower City
Sykesville
Borrower State
MD
Borrower Zip
21784-9375
Loan Status Date
09/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
337635.38
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
30550
Servicing Lender Name
Farmers & Merchants Bank
Servicing Lender Address
15226 Hanover Pike
Servicing Lender City
UPPERCO
Servicing Lender State
Servicing Lender Zip
21155-9749
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARROLL
Project State
Project Zip
CD
MD-02
Jobs Reported
27
NAICS Code
811121
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
341890.51
Forgiveness Date
08/24/2022