PPP Loan information for Severn inn llc

$335,200

Severn inn llc was initially approved for PPP Loan of amount $335,200, the current approved amount is $335,200. The loan was approved on 04/30/2020 by The Truist Bank reported 42 jobs and $335,200 was used to fund payroll.

Severn inn llc is New Business or 2 years or less

SEVERN INN LLC

Date Approved

04/30/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEVERN INN LLC

Borrower Address

1993 BALTIMORE ANNAPOLIS BLVD

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21409-6256

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335200.00

Current Approval Amount

335200.00

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

N

Business Age Description

New Business or 2 years or less

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21409-6256

CD

MD-03

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

335200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

341354.64

Forgiveness Date

03/01/2022

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