PPP Loan information for Severna operations, inc.

$375,498

Severna operations, inc. was initially approved for PPP Loan of amount $375,498, the current approved amount is $375,498. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 23 jobs and $375,498 was used to fund payroll.

Severna operations, inc. is Existing or more than 2 years old

SEVERNA OPERATIONS, INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SEVERNA OPERATIONS, INC.

Borrower Address

3 Eastmans Road

Borrower City

Parsippany

Borrower State

NJ

Borrower Zip

07054

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375498.00

Current Approval Amount

375498.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Parsippany

Project County Name

MORRIS

Project State

NJ

Project Zip

07054-0001

CD

NJ-11

Jobs Reported

23

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

375498.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

378995.79

Forgiveness Date

04/12/2021

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