PPP Loan information for Sewing outlet inc.

$20,313

Sewing outlet inc. was initially approved for PPP Loan of amount $20,313, the current approved amount is $20,313. The loan was approved on 02/26/2021 by The Summit Community Bank, Inc. reported 2 jobs and $20,313 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

02/26/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SEWING OUTLET INC.

Borrower Address

121 N Main St

Borrower City

Federalsburg

Borrower State

MD

Borrower Zip

21632-1004

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20312.50

Current Approval Amount

20312.50

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

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20312.50

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

Unanswered

Non Profit

Forgiveness Amount

20480.64

Forgiveness Date

12/29/2021

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