PPP Loan information for Severn auto body inc.

$729,600

Severn auto body inc. was initially approved for PPP Loan of amount $729,600, the current approved amount is $729,600. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 37 jobs and $729,600 was used to fund payroll.

Severn auto body inc. is New Business or 2 years or less

SEVERN AUTO BODY INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEVERN AUTO BODY INC.

Borrower Address

220 Chinquapin Round Road

Borrower City

Annapolis

Borrower State

MD

Borrower Zip

21401

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

729600.00

Current Approval Amount

729600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Annapolis

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-0001

CD

MD-03

Jobs Reported

37

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

729600.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

739094.79

Forgiveness Date

08/11/2021

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