PPP Loan information for Sandy excavating development llc

$606,950

Sandy excavating development llc was initially approved for PPP Loan of amount $193,700, the current approved amount is $606,950. The loan was approved on 04/11/2020 by The Truist Bank reported 3 jobs and $606,950 was used to fund payroll.

Sandy excavating development llc is Existing or more than 2 years old

SANDY EXCAVATING DEVELOPMENT LLC

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SANDY EXCAVATING DEVELOPMENT LLC

Borrower Address

4230 RAY DR

Borrower City

LA PLATA

Borrower State

MD

Borrower Zip

20646-5804

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193700.00

Current Approval Amount

606950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LA PLATA

Project County Name

CHARLES

Project State

MD

Project Zip

20646-5804

CD

MD-05

Jobs Reported

3

NAICS Code

236117

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

606950.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

618330.31

Forgiveness Date

04/08/2022

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