PPP Loan information for Sprout group inc

$19,432

Sprout group inc was initially approved for PPP Loan of amount $19,432, the current approved amount is $19,432. The loan was approved on 01/27/2021 by The Bank of Ocean City reported 2 jobs and $19,432 was used to fund payroll.

Sprout group inc is Existing or more than 2 years old

PPP Loan Search / MD / Berlin / Sprout group inc

SPROUT GROUP INC

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SPROUT GROUP INC

Borrower Address

29 Broad St

Borrower City

Berlin

Borrower State

MD

Borrower Zip

21811-1052

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19432.00

Current Approval Amount

19432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berlin

Project County Name

WORCESTER

Project State

MD

Project Zip

21811-1052

CD

MD-01

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19432.00

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

Subchapter S Corporation

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19569.89

Forgiveness Date

10/25/2021

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