PPP Loan information for The steel merchant llc

$194,420

The steel merchant llc was initially approved for PPP Loan of amount $194,420, the current approved amount is $194,420. The loan was approved on 04/05/2020 by The Sandy Spring Bank reported 33 jobs and $194,420 was used to fund payroll.

The steel merchant llc is Existing or more than 2 years old

THE STEEL MERCHANT LLC

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

THE STEEL MERCHANT LLC

Borrower Address

11130 Willow Bottom Drive

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21044-5712

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194419.90

Current Approval Amount

194419.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21044-5712

CD

MD-03

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1597.76

Payroll Proceed

191822.14

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196012.55

Forgiveness Date

02/09/2021

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