PPP Loan information for Spectrum lounge college park llc

$105,000

Spectrum lounge college park llc was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 06/30/2020 by The MBE Capital Partners reported 23 jobs and $105,000 was used to fund payroll.

Spectrum lounge college park llc is New Business or 2 years or less

SPECTRUM LOUNGE COLLEGE PARK LLC

Date Approved

06/30/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SPECTRUM LOUNGE COLLEGE PARK LLC

Borrower Address

7313A BALTIMORE AVE , COLLEGE PARK, MD, 20740

Borrower City

COLLEGE PARK

Borrower State

MD

Borrower Zip

20740

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COLLEGE PARK

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20740-1047

CD

MD-04

Jobs Reported

23

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105000.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

106551.67

Forgiveness Date

01/04/2022

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