PPP Loan information for Sewing outlet inc

$16,875

Sewing outlet inc was initially approved for PPP Loan of amount $16,875, the current approved amount is $16,875. The loan was approved on 04/10/2020 by The Summit Community Bank, Inc. reported 2 jobs and $16,875 was used to fund payroll.

Sewing outlet inc is Existing or more than 2 years old

PPP Loan Search / MD / FEDERALSBURG / Sewing outlet inc

SEWING OUTLET INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SEWING OUTLET INC

Borrower Address

121 N MAIN ST

Borrower City

FEDERALSBURG

Borrower State

MD

Borrower Zip

21632-1004

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16875.00

Current Approval Amount

16875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FEDERALSBURG

Project County Name

CAROLINE

Project State

MD

Project Zip

21632-1004

CD

MD-01

Jobs Reported

2

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16875.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16972.97

Forgiveness Date

11/13/2020

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