PPP Loan information for Ted's enterprises inc.

$222,832

Ted's enterprises inc. was initially approved for PPP Loan of amount $222,832, the current approved amount is $222,832. The loan was approved on 05/18/2021 by The Middletown Valley Bank reported 28 jobs and $222,832 was used to fund payroll.

Ted's enterprises inc. is Existing or more than 2 years old

TED'S ENTERPRISES INC.

Date Approved

05/18/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

TED'S ENTERPRISES INC.

Borrower Address

17827 Virginia Ave

Borrower City

Hagerstown

Borrower State

MD

Borrower Zip

21740-7242

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222832.00

Current Approval Amount

222832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30754

Servicing Lender Name

Middletown Valley Bank

Servicing Lender Address

24 W Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

MD

Servicing Lender Zip

21769-8005

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hagerstown

Project County Name

WASHINGTON

Project State

MD

Project Zip

21740-7242

CD

MD-06

Jobs Reported

28

NAICS Code

532310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

222830.00

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

30754

Originating Lender

Middletown Valley Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

224540.38

Forgiveness Date

02/28/2022

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