PPP Loan information for Shamit management inc

$1,595,960

Shamit management inc was initially approved for PPP Loan of amount $1,595,960, the current approved amount is $1,595,960. The loan was approved on 03/04/2021 by The PNC Bank, National Association reported 155 jobs and $1,595,960 was used to fund payroll.

Shamit management inc is Existing or more than 2 years old

PPP Loan Search / MD / Ellicott City / Shamit management inc

SHAMIT MANAGEMENT INC

Date Approved

03/04/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SHAMIT MANAGEMENT INC

Borrower Address

4465 Montgomery Rd 4465 Montgomery Rd

Borrower City

Ellicott City

Borrower State

MD

Borrower Zip

21043-6007

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1595960.00

Current Approval Amount

1595960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ellicott City

Project County Name

HOWARD

Project State

MD

Project Zip

21043-6007

CD

MD-03

Jobs Reported

155

NAICS Code

611110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1595958.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1605979.08

Forgiveness Date

10/25/2021

;