PPP Loan information for Weimer chevrolet of cumberland inc

$236,000

Weimer chevrolet of cumberland inc was initially approved for PPP Loan of amount $236,000, the current approved amount is $236,000. The loan was approved on 04/06/2020 by The First United Bank & Trust reported 26 jobs and $236,000 was used to fund payroll.

Weimer chevrolet of cumberland inc is Existing or more than 2 years old

WEIMER CHEVROLET OF CUMBERLAND INC

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WEIMER CHEVROLET OF CUMBERLAND INC

Borrower Address

10355 Mt Savage Rd NW

Borrower City

CUMBERLAND

Borrower State

MD

Borrower Zip

21502

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236000.00

Current Approval Amount

236000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30767

Servicing Lender Name

First United Bank & Trust

Servicing Lender Address

19 S 2nd St

Servicing Lender City

OAKLAND

Servicing Lender State

MD

Servicing Lender Zip

21550-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

ALLEGANY

Project State

MD

Project Zip

21502-0001

CD

MD-06

Jobs Reported

26

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236000.00

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

30767

Originating Lender

First United Bank & Trust

Originating Lender City

OAKLAND

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238169.89

Forgiveness Date

03/15/2021

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