Date Approved
02/18/2021
SBA Office Code
0373
Processing Method
PPS
Borrower Name
THE NORTHEAST MAGLEV LLC
Borrower Address
191 Main St
Borrower City
Annapolis
Borrower State
MD
Borrower Zip
21401-2015
Loan Status Date
08/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
350874.85
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ANNE ARUNDEL
Project State
Project Zip
CD
MD-03
Jobs Reported
17
NAICS Code
541611
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
350872.85
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
352346.58
Forgiveness Date
07/21/2021